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Scope, review of approaches, and evidence from the past

Stephen P. Jenkins, Andrea Brandolini, John Micklewright, and Brian Nolan

in The Great Recession and the Distribution of Household Income

Published in print:
2012
Published Online:
May 2013
ISBN:
9780199671021
eISBN:
9780191750601
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199671021.003.0001
Subject:
Economics and Finance, Public and Welfare

This chapter describes what the book aims to do, including the key features of the research, and provides background for subsequent chapters’ analysis of the Great Recession (GR). It discusses the ... More


Failure by Design: The Story behind America's Broken Economy

Josh Bivens

Published in print:
2011
Published Online:
August 2016
ISBN:
9780801450150
eISBN:
9780801460654
Item type:
book
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9780801450150.001.0001
Subject:
Economics and Finance, Public and Welfare

This book relays a compelling narrative of the U.S. economy's struggle to emerge from the Great Recession of 2008. It explains the causes and impact on working Americans of the most catastrophic ... More


The Great Recession: The damage done and the rot revealed

Josh Bivens and Lawrence Mishel

in Failure by Design: The Story behind America's Broken Economy

Published in print:
2011
Published Online:
August 2016
ISBN:
9780801450150
eISBN:
9780801460654
Item type:
chapter
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9780801450150.003.0001
Subject:
Economics and Finance, Public and Welfare

This introductory chapter argues that the consequences of the Great Recession are driven by social and political choices about how the economy is managed. It was not inevitable that the significant ... More


Central Banking during the Great Recession

Francesco Papadia and Tuomas Vӓlimӓki

in Central Banking in Turbulent Times

Published in print:
2018
Published Online:
April 2018
ISBN:
9780198806196
eISBN:
9780191844058
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198806196.003.0003
Subject:
Economics and Finance, Macro- and Monetary Economics

Monetary policy before the Great Recession rested on three unacknowledged assumptions: first, the central bank could effectively control a short-term rate; second, this short-term rate had a stable ... More


Bright Bourgeois Morning

Marc Mulholland

in Bourgeois Liberty and the Politics of Fear: From Absolutism to Neo-Conservatism

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199653577
eISBN:
9780191744594
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199653577.003.0016
Subject:
History, World Modern History, History of Ideas

The collapse of Communism and the weakening of Social Democracy in the face of post-industrial capitalism seemed to nullify all systemic challenges to liberal capitalism. The Neo-conservatives ... More


The Financial Crisis and College Enrollment: How Have Students and Their Families Responded?

Bridget Terry Long

in How the Financial Crisis and Great Recession Affected Higher Education

Published in print:
2015
Published Online:
September 2015
ISBN:
9780226201832
eISBN:
9780226201979
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226201979.003.0007
Subject:
Economics and Finance, Microeconomics

This paper explores how the Great Recession affected college enrollment and costs to families. As with past recessions, reductions in income and increases in tuition prices could have had negative ... More


Women’s Work and Economic Crisis Revisited: Comparing the Great Recession and the Great Depression

Ruth Milkman

in On Gender, Labor, and Inequality

Published in print:
2016
Published Online:
April 2017
ISBN:
9780252040320
eISBN:
9780252098581
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5406/illinois/9780252040320.003.0011
Subject:
Society and Culture, Gender Studies

This chapter compares the gender dynamics of the Great Depression of the 1930s with those of the Great Recession associated with the 2008 financial crisis. It begins with a discussion of the ... More


Income Inequality: Why It Matters and Why Most Economists Didn't Notice

Matthew P Drennan

Published in print:
2015
Published Online:
May 2016
ISBN:
9780300209587
eISBN:
9780300216349
Item type:
book
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300209587.001.0001
Subject:
Political Science, Public Policy

This book tells two stories. First, it shows that rising income inequality played a major role in causing the financial crisis and Great Recession of 2008-2009. While others have argued that rising, ... More


Conclusions

Johannes Lindvall

in Mass Unemployment and the State

Published in print:
2010
Published Online:
January 2011
ISBN:
9780199590643
eISBN:
9780191723407
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199590643.003.0005
Subject:
Political Science, Comparative Politics, Political Economy

The concluding chapter summarizes the main results, discusses the implications of these results for the literature on comparative political economy, and shows how governments in Austria, Denmark, the ... More


How Did Young Firms Fare during the Great Recession?: Evidence from the Kauffman Firm Survey

Rebecca Zarutskie and Tiantian Yang

in Measuring Entrepreneurial Businesses: Current Knowledge and Challenges

Published in print:
2017
Published Online:
May 2018
ISBN:
9780226454078
eISBN:
9780226454108
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226454108.003.0007
Subject:
Economics and Finance, Econometrics

We examine the evolution of several key firm-level economic and financial variables in the years surrounding and during the Great Recession using the Kauffman Firm Survey, a large panel of young ... More


Panics and the Macroeconomy

Morgan Ricks

in The Money Problem: Rethinking Financial Regulation

Published in print:
2016
Published Online:
September 2016
ISBN:
9780226330327
eISBN:
9780226330464
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226330464.003.0005
Subject:
Law, Company and Commercial Law

This chapter argues that panics—widespread redemptions of short-term debt—should be viewed as the central problem for financial stability policy. This is not a novel argument, but it is a ... More


Chapter Four Panics and the Macroeconomy

Morgan Ricks

in The Money Problem: Rethinking Financial Regulation

Published in print:
2016
Published Online:
September 2016
ISBN:
9780226330327
eISBN:
9780226330464
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226330464.003.0005
Subject:
Law, Company and Commercial Law

This chapter argues that panics—widespread redemptions of short-term debt—should be viewed as the central problem for financial stability policy. This is not a novel argument, but it is a ... More


Booms, Busts, and Changing Labor Markets: Why the Great Recession Did Not Produce Good Job Candidates

James E. Coverdill and William Finlay

in High Tech and High Touch: Headhunting, Technology, and Economic Transformation

Published in print:
2017
Published Online:
September 2018
ISBN:
9781501702808
eISBN:
9781501713996
Item type:
chapter
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9781501702808.003.0006
Subject:
Sociology, Occupations, Professions, and Work

This chapter explores three issues. First, it shows why the Great Recession affected headhunting so severely: both the hiring rate and the quitting rate declined sharply. Second, it shows how this ... More


Job Loss: A Discussion

Michael D. Hurd

in Lifecycle Events and Their Consequences: Job Loss, Family Change, and Declines in Health

Published in print:
2013
Published Online:
January 2014
ISBN:
9780804785853
eISBN:
9780804786430
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804785853.003.0006
Subject:
Economics and Finance, Microeconomics

This chapter provides an overview of the section of the text that examines job loss. The main theme of the chapter is that since the Great Recession is more severe than the periods covered by some of ... More


How the Financial Crisis and Great Recession Affected Higher Education

Jeffrey R. Brown (ed.)

Published in print:
2015
Published Online:
September 2015
ISBN:
9780226201832
eISBN:
9780226201979
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226201979.001.0001
Subject:
Economics and Finance, Microeconomics

How the Financial Crisis and Great Recession Affected Higher Education analyzes how universities manage their endowments and how they responded to the financial crisis and ensuing Great Recession. ... More


The Great Recession and its consequences for household incomes in 21 countries

Stephen P. Jenkins, Andrea Brandolini, John Micklewright, Brian Nolan, and Gaetano Basso

in The Great Recession and the Distribution of Household Income

Published in print:
2012
Published Online:
May 2013
ISBN:
9780199671021
eISBN:
9780191750601
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199671021.003.0002
Subject:
Economics and Finance, Public and Welfare

This chapter reviews the impact of the Great Recession (GR) on household incomes in 21 OECD countries: Australia, Austria, Belgium, Canada, Denmark, Germany, Greece, Finland, France, Ireland, Italy, ... More


How Workers and the Government Have Dealt with Economic Crisis and Industrial Decline: 1929 and 2007

Edward Montgomery

in Workers in Hard Times: A Long View of Economic Crises

Published in print:
2014
Published Online:
April 2017
ISBN:
9780252038174
eISBN:
9780252095979
Item type:
chapter
Publisher:
University of Illinois Press
DOI:
10.5406/illinois/9780252038174.003.0013
Subject:
Sociology, Social Stratification, Inequality, and Mobility

This chapter begins with a brief review of the evidence on the causes of the Great Depression and its impact on workers and their families. It examines some of the similarities and differences in the ... More


Introduction

Matthew P. Drennan

in Income Inequality: Why It Matters and Why Most Economists Didn't Notice

Published in print:
2015
Published Online:
May 2016
ISBN:
9780300209587
eISBN:
9780300216349
Item type:
chapter
Publisher:
Yale University Press
DOI:
10.12987/yale/9780300209587.003.0001
Subject:
Political Science, Public Policy

Synopsis of book. U.S. trends in income distribution. Causes of rising income inequality. Consumers shift to massive debt. Why most economists overlooked importance of income inequality. Strong ... More


Women, families and the ‘Great Recession’ in the UK

Susan Harkness

in Social Policy Review 25: Analysis and debate in social policy, 2013

Published in print:
2013
Published Online:
January 2014
ISBN:
9781447312741
eISBN:
9781447312857
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781447312741.003.0015
Subject:
Social Work, Social Policy

In the final chapter, the focus returns to the UK and the gender impact of the current recession. All the preceding chapters have drawn attention to gender divisions in both unemployment and ... More


The UK’s Productivity Puzzle

Alex Bryson and John Forth

in Productivity Puzzles Across Europe

Published in print:
2016
Published Online:
November 2016
ISBN:
9780198786160
eISBN:
9780191827860
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198786160.003.0006
Subject:
Economics and Finance, Macro- and Monetary Economics

The Great Recession was notable in the UK for the slow rate of recovery in output, the muted unemployment response, and an unprecedented decline in real wages. This chapter reviews the literature, ... More


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