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impacted by the Great Recession. As house prices declined, foreclosures fell disproportionately on urban minority neighborhoods … growth and survival of minority and women employer businesses during the last decade, including the Great Recession. At first …-owned businesses in terms of employment growth. At the same time, we also find that the recession appears to have impacted black …
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We document that the global scope and depth of the crisis the began with the collapse of the subprime mortgage market in the summer of 2007 is unprecedented in the post World War II era and, as such, the most relevant comparison benchmark is the Great Depression (or the Great Contraction, as...
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