Macroeconomic Patterns and Stories
This book offers the wisdom and insight regarding the US economy from a well-known and distinguished econometrician who found himself first teaching macro economics to MBAs and then Directing the highly-regarded and widely-quoted UCLA/Anderson Forecast which provides quarterly forecasts for the US e...
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| Format: | Electronic eBook |
| Language: | English |
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Berlin, Heidelberg :
Springer Berlin Heidelberg,
2009.
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| Online Access: | Full Text via HEAL-Link |
Table of Contents:
- Introduction: We Are Pattern-Seeking, Story-Telling Animals
- Four Key Variables: Growth, Unemployment, Inflation and Interest Rates
- Gross Domestic Product
- The Components of GDP: C+I+G+X?M
- Employment
- Inflation and Interest Rates
- Extrapolative Forecasting
- A Recession Symptoms
- Unwanted Idleness: Recessions and Recoveries
- Recession Comparison Charts
- Who Struggles and Who Does Well in Recessions?
- B Recession Stories
- Idleness Stories
- Cycle Stories
- C Recession Early Warning Signs
- Clues: Temporal Ordering of Components of GDP
- More Clues: Episodic Forecasting with Components of Conference Board's Index of Leading Indicators
- D Recession Causes
- The Art of Drawing Causal Inferences from Nonexperimental Data
- In Search of Recession Causes
- Expansions: With and Without Spurts
- The Life Cycle of US Expansions: Sputters and Spurts
- The Longer Run: Savings, Investment, Government Borrowing, Foreign Lending and Your Home
- Savings and Investment
- Government
- The External Deficit and the Value of the Dollar Hu's in Charge?
- The Ups and Downs of Real Estate Values: Can You Rely on Your Home To Pay For Your Retirement?.
