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- Title
The impact of the financial crisis on supply.
- Authors
Benito, Andrew; Neiss, Katharine; Price, Simon
- Abstract
Output fell sharply in the United Kingdom during the recent global financial crisis, some of which is likely to have reflected a contraction in the economy's supply capacity. This article considers the impact of financial crises on supply and the potential channels through which supply may have been affected during the recent recession. It is likely that the downturn has resulted in a fall in companies' effective supply capacity although the magnitude of that impairment is difficult to gauge.
- Subjects
UNITED Kingdom; ECONOMIC surveys; PRODUCTION (Economic theory); FINANCIAL crises; FINANCIAL markets; BUSINESS cycles
- Publication
Bank of England Quarterly Bulletin, 2010, Vol 50, Issue 2, p104
- ISSN
0005-5166
- Publication type
Article