Macroeconomic Patterns and Stories by Edward E. Leamer.

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...

Full description

Saved in:
Bibliographic Details
Main Author: Leamer, Edward E. (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2009.
Edition:1st ed. 2009.
Series:Springer eBook Collection.
Subjects:
Online Access:Click to view e-book
Holy Cross Note:Loaded electronically.
Electronic access restricted to members of the Holy Cross Community.
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?.