ICPSR Logo

This study is provided by ICPSR. ICPSR provides leadership and training in data access, curation, and methods of analysis for a diverse and expanding social science research community.

The 2001 Recession: How Was It Different and What Developments May Have Caused It? (ICPSR 1292) RSS

Principal Investigator(s):

Summary:

The 2001 recession was unique in several respects. For instance, the peak-to-trough decline in real Gross Domestic Product was one of the smallest on record and its duration was slightly shorter than average. This article examines some of the other unique features of the 2001 recession compared with the "average" post-World War II recession. The author also shows that forecasters were surprised by the onset of the recession, perhaps because of incomplete data available to them in real time. Finally, the article examines the errors from a well-known macroeconomic forecast and finds that forecasters were surprised by the declines in real business and household fixed investment, as well as real net exports, before the March 2001 business cycle peak.

Access Notes

  • These data are flagged as replication datasets and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.

  • These data are freely available.

Dataset(s)

Dataset - Download All Files (0.1 MB)
Data:

Study Description

Citation

Kliesen, Kevin L. The 2001 Recession: How Was It Different and What Developments May Have Caused It?. ICPSR01292-v1. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2003-10-09. http://doi.org/10.3886/ICPSR01292.v1

Persistent URL:

Export Citation:

  • RIS (generic format for RefWorks, EndNote, etc.)
  • EndNote XML (EndNote X4.0.1 or higher)

Scope of Study

Subject Terms:   forecasting, Gross Domestic Product, investments, recession

Geographic Coverage:   United States

Data Collection Notes:

(1) The file submitted is the Excel data file 0309kkd.xls. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.

Methodology

Version(s)

Original ICPSR Release:  

Related Publications (see Notes)

Utilities

Metadata Exports

If you're looking for collection-level metadata rather than an individual metadata record, please visit our Metadata Records page.

Download Statistics

Found a problem? Use our Report Problem form to let us know.