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This paper studies the informational content of the slope of the yield curve as a predictor of recessions in the euro … outperforms all the other spreads in predicting recessions in the euro area. The result is con¯rmed when the au …-month interest rates is explored in an exercise of out-of-sample forecasting. This yield spread appears to contain …
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forecasting exercises. …
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comprehensive real-time forecasting exercise for recessions in the US. Moreover, we propose a novel smooth transition modelling …
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Color poster with text, images, and graphs.
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It is observed through out the world that the financial crisis took Asian countries by storm. Living conditions in my homeland, Thailand, dropped dramatically. Income decreased, the prices of essential goods increased, the stock market collapsed, loans turned to bad debts, businesses closed down...
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Includes descriptive metadata provided by producer in QuickTime movie file: "Politics, Economics and Social Issues - Video - Paul Volcker talks about the economic crisis." By Vanderbilt University. Paul A. Volcker, senior economic advisor to President Obama and former chairman of the Federal...
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