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Analysing major recessions: an analytical summary of a new study of large recessions in the twentieth century

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  • Dow, Christopher

Abstract

The book just published is a study of the five major recessions since 1920, and seeks to establish their causes. It focuses on the UK, but sets events there in their international context, and makes frequent comparisons with other countries. It concentrates on the major recessions not only because the effects are greater, but because behaviour in big and small recessions differ; and appears to be the first study to do so.

Suggested Citation

  • Dow, Christopher, 1999. "Analysing major recessions: an analytical summary of a new study of large recessions in the twentieth century," National Institute Economic Review, National Institute of Economic and Social Research, vol. 167, pages 70-85, January.
    • Handle: RePEc:cup:nierev:v:167:y:1999:i::p:70-85_9
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