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...

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Bibliographic Details
Main Authors: Eggers, AC, Ellison, M, Lee, SS
Format: Journal article
Language:English
Published: Elsevier 2021