Skip to main content

VOX:
The credit crunch may cause another great depression

8 October 2008

Article by Nick Bloom on his prediction of a recession for 2009 that he now believes was too optimistic an outlook.

This article appeared in VOX online on October 8, 2008
Link to article

Related Publications
The Impact of Uncertainty Shocks: Firm Level Esitmation and a 9/11 Simulation by Nick Bloom. Centre for Economic Performance Discussion Paper No.718, March 2006
Will the Credit Crunch Lead to Recession? by Nick Bloom. Article in CentrePiece, Volume 13, Issue 1, Spring 2008

Related Links
Nick Bloom webpage
Productivity and Innovation Programme webpage

Also discussed in the Economist blog:
Ghosts of the past
I ALSO read the piece by Nick Bloom to which Richard Baldwin refers and felt it to be over the top.