The Great Recession endured by the main industrialized countries during the period 2008-2009, in the wake of the … production is useful at the time of predicting gross domestic product growth over the Great Recession period …

The Great Recession and the subsequent period of subdued GDP growth in most advanced economies have highlighted the … our model, the US economy is now back to a low-volatility environment after an interruption during the Great Recession … Recession and continued thereafter. These two extensions of the standard MS-DFM framework are supported by information criteria …