December 29, 2008 at 12:00 am
· Filed under Uncategorized
“The first finding is that recessions have not become noticeably shorter over time. The average length of recessions is actually one month longer in the post-World War II era than in the pre-World War I era.
http://macroblog.typepad.com/macroblog/2008/12/are-modern-rece.html
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