Vacatures in Institutioneel Vermogensbeheer

The Recession Alphabet

Bron: Jordy Hermanns, Aegon Investment Management - 08 juni 2020

In the past week many economists and policy makers have been referring to different types of recession shapes, often by using letters representing the path GDP could take. There is no broadly accepted academic theory or classification system for recession shapes. The terminology is rather used as an informal, easy to understand shorthand notation to characterize recessions and their recoveries. The most commonly used terms are V-, U-, W-, and L-shaped recessions. And finally, we introduce the “swoosh-shaped” recovery.

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