WARBURTON, Christopher E.S. - In: Applied Econometrics and International Development 13 (2013) 2, pp. 73-92
This paper examines the contributions of financial and macroeconomic variables to the revitalisation of a depressed US economy. Using time series data from 1957 to 2011 and a binary logistic regression model, it finds that government consumption expenditure and gross investment, real personal...