Understanding the Great Recession

Lawrence J. Christiano, Martin S. Eichenbaum & Mathias Trabandt
Published Date
Copyright 2015
DOI 10.1257/mac.20140104
CONFERENCE HELD October 18-19, 2013
Book: Lessons from the Financial Crisis for Monetary Policy
Book organizer: Mark Gertler
PUBLISHER: American Economic Journal: Macroeconomics, Volume 7, no. 1

You may be able to download this chapter for free via the Document Object Identifier.

Purchase Book

Related

Topics

Macroeconomics
Macroeconomic Models
Consumption and Investment
Business Cycles

Published From Paper

Understanding the Great Recession
- Working Paper
We argue that the vast bulk of movements in aggregate real economic activity during the Great Recession were due to...

More from the NBER

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.

2025, 17th Annual Feldstein Lecture, N. Gregory Mankiw," The Fiscal Future"
2025, 17th Annual Feldstein Lecture, N. Gregory Mankiw," The Fiscal Future"
  • Feldstein Lecture
N. Gregory Mankiw, Robert M. Beren Professor of Economics at Harvard University, presented the 2025 Martin Feldstein...
2025 Methods Lecture, Raj Chetty, "Uncovering Causal Mechanisms: Mediation Analysis and Surrogate Indices"
2025, Methods Lecture, Raj Chetty and Kosuke Imai, "Uncovering Causal Mechanisms: Mediation Analysis and Surrogate Indices"
  • Methods Lectures
SlidesBackground materials on mediationImai, Kosuke, Dustin Tingley, and Teppei Yamamoto. (2013). “Experimental Designs...
2025 International Trade and Macroeconomics, "Panel on The Future of the Global Economy"
2025 International Trade and Macroeconomics, "Panel on The Future of the Global Economy"
  • Panel Discussion
Supported by the Alfred P. Sloan Foundation grant #G-2023-19633, the Lynde and Harry Bradley Foundation grant #20251294...