Bad news in the Great Depression, the Great Recession, and other U.S. recessions: a comparative study

DOI10.1016/J.JEDC.2017.01.015zbMath1401.91400OpenAlexW2583719868MaRDI QIDQ1655603

Donghoon Yoo, Jean-Paul L'Huillier

Publication date: 9 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2017.01.015

zbMATH Keywords

beliefspessimismpermanent income hypothesisnews and noise

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (1)

Introduction to the special issue on large economic crises

Cites Work

• Money and velocity during financial crises: from the Great Depression to the Great Recession
• The General Theory of Employment, Interest, and Money
• Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve

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