Showing 1 - 10 of 168
Persistent link: https://www.econbiz.de/10005415233
regression techniques to forecast changes in output or dichotomous choice models to forecast recessions. Others use time … nonlinearities. Many studies find that the term spread predicts output growth and recessions up to one year in advance, but several … recessions. …
Persistent link: https://www.econbiz.de/10005078415
The number of U.S. commercial banks and savings institutions declined by 12 percent between December 31, 2006, and December 31, 2010, continuing a consolidation trend begun in the mid-1980s. Banking industry consolidation has been marked by sharply higher shares of deposits held by the largest...
Persistent link: https://www.econbiz.de/10009364688
half times that for white workers. To provide a more complete understanding of the effect of recessions, this paper … examines the different effects of this and previous recessions across a range of demographic categories: sex, marital status …
Persistent link: https://www.econbiz.de/10008636071
Persistent link: https://www.econbiz.de/10005414799
variables such as the index of leading indicators, the yield curve is an excellent predictor of recessions. In this article …
Persistent link: https://www.econbiz.de/10005414806
Business recessions are notoriously hard to predict accurately, hence the quip that economists have predicted eight of … the last five recessions. This article derives a six-month-ahead recession signal that reduces the number of false signals … outside of recession, without impairing the ability to signal the recessions that occur. In terms of predicting the 1990 …
Persistent link: https://www.econbiz.de/10005414814
A number of recent articles have examined the ability of financial variables to predict recessions. In this article …
Persistent link: https://www.econbiz.de/10005415024
In 1962, Arthur Okun posited an empirical relationship between the change in the unemployment rate and real output growth. Since then, the media, policymakers, pundits, and intermediate macro students have used the so-called Okun’s law as a rule of thumb to relate changes in unemployment to...
Persistent link: https://www.econbiz.de/10010733934
This article was originally presented as the Homer Jones Memorial Lecture, organized by the Federal Reserve Bank of St. Louis, St. Louis, Missouri, April 1, 2010.
Persistent link: https://www.econbiz.de/10008691071