Their results have particular resonance today: their model showed why unemployment would shoot up in a recession but fall much more slowly when a recovery began.

他们的成果放到今天尤其不同凡响，他们提出的模型解释了为何失业率在经济萧条时一飞冲天，在经济开始恢复时却下降缓慢得多。

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But there are other scenarios: if the recovery falters, or if inflation slows much further and a threat arises of deflation, a debilitating fall in prices across the economy.

不过，还有其他可能：比如复苏停止，或是通货膨胀进一步放缓，出现通货紧缩(各经济领域出现价格大幅下滑)的威胁。

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Their earlier recovery meant, however, that Britain’s 6.0% fall in output between early 2008 and the third quarter of 2009 was surpassed only by Japan (7.7%)(see daily chart).

他们的早期复苏意味着，从2008年早期至2009年第三季度，英国产出上6.0%的跌幅，只被日本(7.7%)超过。

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The U-shaped recovery in the U.S. means the economic free-fall has been arrested, but no strong climb back up to growth has yet begun.

FORBES: Magazine Article

So instead Mr Darling will point to the better than expected borrowing figures, the gradual fall in unemployment and the first tentative signs of recovery - to argue that the government is slowly but surely turning the economy around.

BBC: Is Darling planning a 'sensible' Budget?

Without such intervention net new mortgage lending - gross new home loans minus repayments and redemptions - would fall below zero in 2009 and see only a modest recovery in 2010, he said.

BBC: New mortgage lending 'to shrink'