Recession shapes, or recovery shapes, are terms used by economists to describe different types of recessions and their subsequent recoveries. There is no specific academic theory or classification system for recession shapes; rather the terminology is used as an informal shorthand to characterize recessions and their recoveries.
Recession shapes, or recovery shapes, are terms used by economists to describe different types of recessions and their subsequent recoveries. There is no specific academic theory or classification system for recession shapes; rather the terminology is used as an informal shorthand to characterize recessions and their recoveries.
Source: Wikipedia "Recession shapes" · CC BY-SA 4.0
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