Recession index

Recession index

The recession index ("the R-word index") is an informal index created by The Economist which counts how many stories in the Washington Post and the New York Times using the word “recession” in a quarter.

This simple formula pinpointed the start of recessions in 1981, 1990, and 2001, but was misleading in the early 1990s, when the index indicated a recession for a year after it had officially ended in March 1991.

The index has inspired serious research into testing whether the tone and volume of economic reporting over time has affected people's perceptions. Mark Doms (Federal Reserve Bank of San Francisco) and Norman Morin (Board of Governors of the Federal Reserve System) (2004 [cite web
url = http://www.frbsf.org/publications/economics/papers/2004/wp04-09bk.pdf
title = Consumer Sentiment, the Economy, and the News Media — FRBSF Working Paper 2004-09
last = Doms
first = Mark
coauthors = Morin, Norman
publisher = Federal Reserve Bank of San Francisco
date = 2004-07
format = pdf
accessdate = 2008-02-28
archiveurl = http://www.webcitation.org/5b0X5tpqd
archivedate = 2008-09-21
quote = ] ) created indexes based on the number of articles that contain certain keywords and phrases in the title or first paragraph in the thirty largest newspapers across the US. For instance, the "recession index" is based on the number of articles that mention "recession" or "economic slowdown.". [cite web
url = http://www.frbsf.org/publications/economics/letter/2004/el2004-29.html
title = FRBSF Economic Letter — 2004-29; October 22, 2004 — Consumer Sentiment and the Media
last = Doms
first = Mark
publisher = Federal Reserve Bank of San Francisco
date = 2004-10-22
accessdate = 2008-02-28
archiveurl = http://www.webcitation.org/5b0XB5D1O
archivedate = 2008-09-21
quote = ]

ources

* cite web
url = http://www.economist.com/finance/displaystory.cfm?story_id=E1_TQVVTTG
title = The recession index — Words that can harm you — Nov 21st 2002
publisher = The Economist
date = 2002-11-21
accessdate = 2008-02-27
archiveurl = http://www.webcitation.org/5b0W9c47q
archivedate = 2008-09-21
quote =
* cite web
url = http://www.economist.com/finance/displaystory.cfm?story_id=10498907
title = R-word index — Warning lights
publisher = The Economist, WASHINGTON, DC
date = 2008-01-10
accessdate = 2008-02-27
archiveurl = http://www.webcitation.org/5b0X1FN0L
archivedate = 2008-09-21
quote =

References

See also

* Big Mac Index
* Christmas Price Index
* List of unusual units of measurement
* List of humorous units of measurement


Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • recession — index capitulation, decline, erosion, outflow Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • Recession — This article is about a slowdown in economic activity. For other uses, see Recession (disambiguation). Economics …   Wikipedia

  • Index of Leading Indicators — The Index of Leading Indicators is an American economic index intended to estimate future economic activity. It is calculated by The Conference Board, a non governmental organization, which determines the value of the index from the values of ten …   Wikipedia

  • Late-2000s recession — This article is about economic recession during the early twenty first century. For background financial market events dating from 2007, see Late 2000s financial crisis. Late 2000s recession around the world Africa Americas South America United… …   Wikipedia

  • Big Mac Index — A McDonalds Big Mac. The Big Mac Index is published by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and provides a test of the extent to which market exchange rates result in goods costing …   Wikipedia

  • Early 1980s recession — The early 1980s recession was a severe recession in the United States which began in July 1981 and ended in November 1982.Krugman, Did the Federal Reserve Cause the Recession? , New York Times, April 1, 1991; National Bureau of Economic Research …   Wikipedia

  • National fiscal policy response to the late 2000s recession — Many nations of the world have enacted fiscal stimulus plans in response to the global, ongoing recession. These nations have used different combinations of government spending and tax cuts to boost their sagging economies. Most of these plans… …   Wikipedia

  • Crise économique dite de la Grande Récession (2008 et après) — La crise économique de 2008, appelée souvent dans le monde anglophone Grande Récession (Great Recession, en référence à la Grande Dépression de 1929)[1],[2],[3] …   Wikipédia en Français

  • Men's underwear index — The men s underwear index (MUI) is one of the more surprising economic indexes that gets most attention during economic slumps to detect the beginnings of a recovery. The premise being that men s underwear are necessity in normal economic times… …   Wikipedia

  • Projet:Médecine/Index — Articles 0 9 1,2 dibromo 3 chloropropane · 112 (numéro d urgence européen) · 1935 en santé et médecine · 1941 en santé et médecine · 1er régiment médical · 2 iodothyronine déiodinase · 2,4,6 trichlorophénol · 2005 en santé et médecine · 2006 en… …   Wikipédia en Français

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”