Construct · 1 fields · 1 citations

cleansing effect of recessions: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Macroeconomics

the view that recessions raise productivity by speeding the exit of less productive businesses and reallocating resources to more productive ones.

In macroeconomics, cleansing effect of recessions refers to the view that recessions raise productivity by speeding the exit of less productive businesses and reallocating resources to more productive ones. This meaning comes from Foster (2016) in Journal of Labor Economics.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how cleansing effect of recessions sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

labor4 fields · 4 citationsjingle · one word, four constructs productivity3 fields · 3 citationsjingle · one word, three constructs

References

Foster, L., Grim, C., & Haltiwanger, J. (2016). Reallocation in the Great Recession: Cleansing or Not? Journal of Labor Economics, 34(S1), S293-S331. https://doi.org/10.1086/682397

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct