The UK Recession in Context — What Do Three Centuries of Data Tell Us?
Year: 2010
Type: article
Abstract: The Quarterly Bulletin has a long tradition of using historical data to help analyse the latest developments in the UK economy. To mark the Bulletin’s 50th anniversary, this article places the recent UK recession in a long-run historical context. It draws on the extensive literature on UK economic history and analyses a wide range of macroeconomic and financial data going back to the 18th century. The UK economy has undergone major structural change over this period but such historical comparisons can provide lessons for the current economic situation.
Authors: Ryland Thomas, Sally Hills, Nicholas Dimsdale
Institutions: Bank of England, University of Oxford
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1575825597