Recessions and Depressions

This book offers an examination of the empirical data of business cycles, the theories that economists have developed to explain them, and major case studies of recessions and depressions both in the United States and internationally. * Includes case studies on major economic downturns in the 20th century, from the Great Depression to the 2008 financial crisis * Presents 40 tables and 20 graphs of business cycle data * Offers a bibliography of current and historical business cycle research