Discover how the Great Recession caused shifts in structural unemployment, transforming job markets and leaving lasting economic impacts beyond cyclical trends.
The shadow of 2008's recession looms large both for Gen Zers who barely remember it and boomers who suffered big losses.
I served in the Obama and Biden administrations and saw excessive risk-taking by these enterprises help bring about the 2008 ...
I was in college when the Great Recession officially ended in June 2009. But I couldn’t find a job that summer or the next one because the effects of the recession, which reverberated throughout the ...
Learn how financial accelerators amplify economic changes and their historical impact, with insights from Bernanke, Gertler, and Gilchrist's influential model.
Are you worried about a possible recession next year? It's understandable given some of the discussion going on about the economy these days. But even if it happens, that's not necessarily a reason to ...
Class identity, which is how individuals view their economic and social positions in relation to others, has wide-ranging ...
Economic uncertainty often forces a shift in how we spend and save. During the Great Recession of the late 2000s — when unemployment hit 10% and home values dropped by 30% — many tightened their ...
There is no credible evidence that “recession pop” actually indicates a recession. So why do music fans keep tossing the term ...
We leverage spatial variation in the severity of the Great Recession across the United States to examine its impact on mortality and explore the quantitative implications. We estimate that an increase ...
The Conference Board Leading Economic Index (LEI) has fallen 13.1% from its record high in December 2021, its sharpest decline since the Great Recession. Historically, whenever the Conference Board ...