The Journal of Economic Perspectives Vol. 32, No. 3, Summer 2018 Evolution of Modern Business Cycle Model... Evolution of Modern Business Cycle Models: Accounting for the Great Recession This is the ...

One view contends that asset price corrections often precede or coincide with a recession. The 1929 stock market crash and the Great Depression ... should lead the business cycle. Are these two ...

It officially declared the last pandemic-driven recession, which lasted from March to April 2020, in July 2021. The problem that the institution's business-dating-cycle program was created to ...