The Best Recessions In U.S. HistoryBrian Domitrovic
In the worst recessions, the stock index has been slashed in half. Analysis: A recession will come. How bad will it be? "Since recessions do not announce themselves when they arrive and markets are forward-looking, history suggests that investors should not wait for confirmation of a recession...
Bibliographic references with summary of articles complete this unique application of training in mucogingival surgery. iMuco also has some other surprises in store for you that you will have the opportunity to discover during its use. All the qualities of your iPad have been exploited so that you...
America's economic Leading Analytic "rose in November to the highest reading in its history," said Professor Evangelos Otto Simos, editor-in-chief, at the release of the latest Leading Analytics Warp Digest. The increase in the earliest leading economic barometer "…was led by a surge in hous...
World War II History World War II was an economic boon for the U.S. economy as thegovernment infusedtens of billions of dollars into manufacturing and other industries to meet wartime needs. But with thesurrender of both GermanyandJapan in 1945, military contracts were slashed and soldiersstarte...
There is an additional problem (which is often ignored), namely that the HP filter is two-sided, so that running the filter up to the end point of data will tend to result in the trend being too close to the last data point (in our case, the output gap will be pulled to zero)....
Special thanks to the CDLA staff, Kirill Fesenko, Fred Stipe, and particularly Rita Van Duinen, for their help in the optical character recognition stage of this project. Publication History Issue published online: 20 MAY 2013 Article first published online: 20 MAY 2013 Accepted manuscript online...
This is why the “Will there be a recession?” debate is so dumb. I don’t care whether the US experiences a recession; I’m simply not interested. The interesting question is whether the US will experiencethe sort of recession that we experienced in the past, where the unemployment rate...
What is true is that the real interest rate, both at short and long horizons, isnotbound, so in principle one could examine how the real spread covaries with recessions. Two problems arise: (1) the real rate is unobservable, and (2) for observable proxies for the real rates, the time...
Reasons and causes: Military spending increased in the late 1960s amid growing U.S. involvement in the Vietnam War and alongside high expenditures on domestic policy initiatives.As a result, the federal budget deficit rose from 1.1% of GDP in 1967 to 2.9% in 1968, while inflation increased ...