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The U.S. business cycle expansion that started in March 1991 is the longest on record. This paper uses statistical techniques to examine whether this expansion is a onetime unique event or whether its length is a result of a change in the stability of the U.S. economy. Bayesian methods are used...
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Remarks at the Regional Economic Press Briefing, New York City.
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Remarks at Queens Chamber of Commerce and Queens Economic Development Corporation, Flushing, New York City.
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Remarks at Cornell University, Ithaca, New York.
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