Do Longer Expansions Lead to More Severe Recessions?
The main topic of this article is the impact of expansionary policies on economic
performance. Under this topic, the authors narrow down to examine the correlation between
expansion policies and economic recessions. The article achieves this by exploring two opposing
hypotheses: longer expansions lead to more severe recessions, and more severe recessions lead to
longer expansions. The authors employ the use of a secondary research study and borrow
extensively from the findings of economic researchers which provide proof for both hypotheses to
arrive at the conclusions provided in this article.
One of the main ideas provided in this article is that the severity of contraction is directly
related to the expansionary strength that follows from its occurrence. However, the authors suggest
that reverse is not true as the duration of economic expansion bears not any positive correlation
