The economic impact of recession announcements
The convention in the news media is to announce a recession if a country experiences two consecutive quarters of negative growth. We exploit the arbitrary threshold implied by this practice to identify the economic impact of recession announcements through a Regression Discontinuity Design (RDD). Es...
Main Authors: | , , |
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Format: | Journal article |
Language: | English |
Published: |
Elsevier
2021
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