8  BIS Review 108/2008  In the late 1990s, there was a lot of debate about the possibility of asymmetric shocks. In Sweden they had a similar debate. The fears of adverse asymmetric shocks never materialised. It is ironic that the first asymmetric shock turned out to be a positive one.
At the same time, some initial results from  3  The data are derived from the Current Population Survey, March and Annual Social and Economic Supplement, 1971-2006, published by the U.S. Department of Commerce.