{"id":"https://openalex.org/W1685081985","doi":null,"title":"Finance Implications of the Great Recession","display_name":"Finance Implications of the Great Recession","publication_year":2014,"publication_date":"2014-06-06","ids":{"openalex":"https://openalex.org/W1685081985","mag":"1685081985"},"language":"en","primary_location":{"id":"pmh:oai:CiteSeerX.psu:10.1.1.854.6367","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.854.6367","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"https://dash.harvard.edu/bitstream/handle/1/12274329/Zwick_gsas.harvard_0084L_11470.pdf?sequence%3D1","raw_type":"text"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5023869434","display_name":"Eric Zwick","orcid":"https://orcid.org/0009-0008-3060-707X","observed_orcids":["https://orcid.org/0009-0008-3060-707X"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Eric Zwick","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5023869434"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.4871000051498413,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.4871000051498413,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.17900000512599945,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.15839999914169312,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/great-recession","display_name":"Great Recession","score":0.996999979019165},{"id":"https://openalex.org/keywords/housing-bubble","display_name":"housing bubble","score":0.8190000057220459},{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.9520000219345093},{"id":"https://openalex.org/keywords/fiscal-stimulus","display_name":"fiscal stimulus","score":0.6940000057220459},{"id":"https://openalex.org/keywords/economic-recovery","display_name":"economic recovery","score":0.7829999923706055},{"id":"https://openalex.org/keywords/construction-market","display_name":"construction market","score":0.6970000267028809},{"id":"https://openalex.org/keywords/macroeconomic-policy","display_name":"macroeconomic policy","score":0.5379999876022339}],"concepts":[{"id":"https://openalex.org/C195742910","wikidata":"https://www.wikidata.org/wiki/Q176494","display_name":"Recession","level":2,"score":0.8364557027816772},{"id":"https://openalex.org/C141441539","wikidata":"https://www.wikidata.org/wiki/Q1970908","display_name":"Boom","level":2,"score":0.7477656602859497},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7333272695541382},{"id":"https://openalex.org/C47941915","wikidata":"https://www.wikidata.org/wiki/Q107885","display_name":"Speculation","level":2,"score":0.7227890491485596},{"id":"https://openalex.org/C2779918689","wikidata":"https://www.wikidata.org/wiki/Q3771842","display_name":"Stimulus (psychology)","level":2,"score":0.6114583015441895},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.4942917823791504},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.48802533745765686},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.47582271695137024},{"id":"https://openalex.org/C201543015","wikidata":"https://www.wikidata.org/wiki/Q207781","display_name":"Economic bubble","level":2,"score":0.4703904390335083},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.45134350657463074},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.42673519253730774},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.38785991072654724},{"id":"https://openalex.org/C542102704","wikidata":"https://www.wikidata.org/wiki/Q183257","display_name":"Psychotherapist","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C87717796","wikidata":"https://www.wikidata.org/wiki/Q146326","display_name":"Environmental engineering","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:CiteSeerX.psu:10.1.1.854.6367","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.854.6367","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"https://dash.harvard.edu/bitstream/handle/1/12274329/Zwick_gsas.harvard_0084L_11470.pdf?sequence%3D1","raw_type":"text"},{"id":"pmh:oai:dash.harvard.edu:1/12274329","doi":null,"is_oa":false,"landing_page_url":"http://dissertations.umi.com/gsas.harvard:11470","pdf_url":null,"source":{"id":"https://openalex.org/S4306401540","display_name":"Digital Access to Scholarship at Harvard (DASH) (Harvard University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I136199984","host_organization_name":"Harvard University","host_organization_lineage":["https://openalex.org/I136199984"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Thesis or Dissertation"},{"id":"mag:1685081985","doi":null,"is_oa":false,"landing_page_url":"https://dash.harvard.edu/bitstream/handle/1/12274329/Zwick_gsas.harvard_0084L_11470.pdf?sequence=1","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":107,"referenced_works":["https://openalex.org/W184855210","https://openalex.org/W1507121605","https://openalex.org/W1524486083","https://openalex.org/W1535301829","https://openalex.org/W1535661855","https://openalex.org/W1548117415","https://openalex.org/W1561324832","https://openalex.org/W1562641473","https://openalex.org/W1562943303","https://openalex.org/W1567089773","https://openalex.org/W1580025247","https://openalex.org/W1606527552","https://openalex.org/W1933529014","https://openalex.org/W1968450183","https://openalex.org/W1973309514","https://openalex.org/W1975676844","https://openalex.org/W1977240483","https://openalex.org/W1978282661","https://openalex.org/W1983291248","https://openalex.org/W1992943625","https://openalex.org/W2000192806","https://openalex.org/W2000578291","https://openalex.org/W2000856734","https://openalex.org/W2012679794","https://openalex.org/W2016839669","https://openalex.org/W2041585309","https://openalex.org/W2052115379","https://openalex.org/W2056238342","https://openalex.org/W2062935763","https://openalex.org/W2068517078","https://openalex.org/W2084440177","https://openalex.org/W2086853082","https://openalex.org/W2088042026","https://openalex.org/W2095362739","https://openalex.org/W2096680578","https://openalex.org/W2096684396","https://openalex.org/W2101227199","https://openalex.org/W2104757449","https://openalex.org/W2106827741","https://openalex.org/W2112467335","https://openalex.org/W2118052532","https://openalex.org/W2121606993","https://openalex.org/W2122655170","https://openalex.org/W2124115302","https://openalex.org/W2125146074","https://openalex.org/W2131773668","https://openalex.org/W2134443358","https://openalex.org/W2135551646","https://openalex.org/W2135618053","https://openalex.org/W2145542433","https://openalex.org/W2146861923","https://openalex.org/W2147993038","https://openalex.org/W2153510573","https://openalex.org/W2155933271","https://openalex.org/W2160025442","https://openalex.org/W2160308974","https://openalex.org/W2168352563","https://openalex.org/W2187312286","https://openalex.org/W2283197268","https://openalex.org/W2341795385","https://openalex.org/W2414253805","https://openalex.org/W2470834603","https://openalex.org/W2489968343","https://openalex.org/W2608664843","https://openalex.org/W2788451889","https://openalex.org/W2890766821","https://openalex.org/W2891474450","https://openalex.org/W2891974860","https://openalex.org/W3020850935","https://openalex.org/W3020972988","https://openalex.org/W3021101003","https://openalex.org/W3024401113","https://openalex.org/W3024583967","https://openalex.org/W3121599482","https://openalex.org/W3121806345","https://openalex.org/W3121865372","https://openalex.org/W3121986562","https://openalex.org/W3122049385","https://openalex.org/W3122322183","https://openalex.org/W3122424614","https://openalex.org/W3122427457","https://openalex.org/W3122454203","https://openalex.org/W3122597617","https://openalex.org/W3122610688","https://openalex.org/W3122711915","https://openalex.org/W3122746602","https://openalex.org/W3122904176","https://openalex.org/W3123153611","https://openalex.org/W3123195209","https://openalex.org/W3123285923","https://openalex.org/W3123342491","https://openalex.org/W3123356772","https://openalex.org/W3123430466","https://openalex.org/W3123479862","https://openalex.org/W3124003946","https://openalex.org/W3124174661","https://openalex.org/W3124399697","https://openalex.org/W3124535000","https://openalex.org/W3124812754","https://openalex.org/W3124854746","https://openalex.org/W3124955107","https://openalex.org/W3124997735","https://openalex.org/W3125003292","https://openalex.org/W3125140669","https://openalex.org/W3126076569","https://openalex.org/W3126122605","https://openalex.org/W3146760397"],"related_works":["https://openalex.org/W2126312551","https://openalex.org/W7097746071","https://openalex.org/W7096313505","https://openalex.org/W7095149377","https://openalex.org/W7099964799","https://openalex.org/W7097227247","https://openalex.org/W7099307267","https://openalex.org/W7097412317","https://openalex.org/W2115902737","https://openalex.org/W7100611427"],"abstract_inverted_index":{"Macroeconomic":[0],"events":[1],"in":[2,39],"the":[3,7,13,17,24],"United":[4],"States":[5],"during":[6],"last":[8],"ten":[9],"years\u2014the":[10],"housing":[11],"bubble,":[12],"financial":[14],"crisis":[15],"and":[16,28,37,44,51,78],"subsequent,":[18],"deep":[19],"recession\u2014brought":[20],"several":[21],"puzzles":[22],"to":[23,62,75],"attention":[25],"of":[26],"economists":[27],"policymakers.":[29],"Why":[30,57],"were":[31,54],"there":[32],"such":[33],"large":[34],"price":[35],"booms":[36],"busts":[38],"places":[40],"like":[41],"Las":[42],"Vegas":[43],"Phoenix,":[45],"where":[46],"land":[47],"was":[48],"readily":[49],"available":[50],"construction":[52],"markets":[53],"very":[55],"active?":[56],"are":[58],"economies":[59],"so":[60],"slow":[61],"recover":[63],"from":[64],"recessions":[65],"that":[66],"coincide":[67],"with\\nfinancial":[68],"crises?":[69],"Can":[70],"policymakers":[71],"use":[72],"fiscal":[73],"stimulus":[74],"increase":[76],"output":[77],"accelerate":[79],"economic":[80],"recovery":[81],"after":[82],"a":[83],"recession?":[84]},"counts_by_year":[],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}