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Comparing the COVID-19 Recession with the Great Depression

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Abstract

The 2020 contraction looks to be deep but short.

Suggested Citation

  • David C. Wheelock, 2020. "Comparing the COVID-19 Recession with the Great Depression," Economic Synopses, Federal Reserve Bank of St. Louis, issue 39, August.
    • Handle: RePEc:fip:fedles:89130
    DOI: 10.20955/es.2020.39
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    References listed on IDEAS

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    1. Robert J. Gordon, 1986. "The American Business Cycle: Continuity and Change," NBER Books, National Bureau of Economic Research, Inc, number gord86-1.
    2. Robert J. Gordon, 1986. "Front matter, The American Business Cycle. Continuity and Change," NBER Chapters, in: The American Business Cycle: Continuity and Change, pages -15, National Bureau of Economic Research, Inc.
    3. Robert A. Margo, 1993. "Employment and Unemployment in the 1930s," Journal of Economic Perspectives, American Economic Association, vol. 7(2), pages 41-59, Spring.
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    Cited by:

    1. Berger, Allen N. & Demirgüç-Kunt, Asli, 2021. "Banking research in the time of COVID-19," Journal of Financial Stability, Elsevier, vol. 57(C).
    2. MohammadReza Zahedian & Mahsa Bagherikalhor & Andrey Trufanov & G. Reza Jafari, 2022. "Financial Crisis in the Framework of Non-zero Temperature Balance Theory," Papers 2202.03198, arXiv.org.
    3. Lasha Labadze & Mohamed M. Sraieb, 2023. "Impact of Anti-Pandemic Policy Stringency on Firms’ Profitability during COVID-19," Sustainability, MDPI, vol. 15(3), pages 1-15, January.
    4. George Selgin, 2021. "The fiscal and monetary response to COVID‐19: What the Great Depression has – and hasn't – taught us," Economic Affairs, Wiley Blackwell, vol. 41(1), pages 3-20, February.
    5. Anca Elena Lungu & Ioana Andreea Bogoslov & Eduard Alexandru Stoica & Mircea Radu Georgescu, 2021. "From Decision to Survival—Shifting the Paradigm in Entrepreneurship during the COVID-19 Pandemic," Sustainability, MDPI, vol. 13(14), pages 1-23, July.
    6. Del Angel, Marco & Fohlin, Caroline & Weidenmier, Marc D., 2023. "Stock returns and the Spanish flu, 1918–1920," Explorations in Economic History, Elsevier, vol. 90(C).
    7. Chhatwani, Malvika & Mishra, Sushanta Kumar, 2021. "Financial fragility and financial optimism linkage during COVID-19: Does financial literacy matter?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 94(C).
    8. Chhatwani, Malvika & Mishra, Sushanta Kumar & Varma, Arup & Rai, Himanshu, 2022. "Psychological resilience and business survival chances: A study of small firms in the USA during COVID-19," Journal of Business Research, Elsevier, vol. 142(C), pages 277-286.
    9. Nana Aisha Garba & Lea Sacca & Rachel D. Clarke & Prasad Bhoite & John Buschman & Virama Oller & Nancy Napolitano & Samuel Hyppolite & Sophia Lacroix & Al Archibald & Ocean Hamilton & Tobi Ash & David, 2022. "Addressing Food Insecurity during the COVID-19 Pandemic: Intervention Outcomes and Lessons Learned from a Collaborative Food Delivery Response in South Florida’s Underserved Households," IJERPH, MDPI, vol. 19(13), pages 1-12, July.

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