Economic Forecasting and Econometric Models.. Second Quarter 1997 American Economic Status.. In four pages this essay focuses on eighteenth century America's economic history and includes productivity and conquest that were.
Great Recession and spur recovery. We do not believe it a coincidence that the turn-around from recession to recovery occurred last summer, just as the ARRA was providing its maximum economic benefit. Stemming the slide also involved rescuing the nation’s housing and auto industries. The housing bubble and bust were the proximate.
NBER Researchers New NBER affiliates are appointed through a highly competitive process that begins with a call for nominations in January. Candidates are evaluated based on their research records and their capacity to contribute to the NBER's activities by program directors and steering committees.
Econometric efforts to resolve the issues led to a renewed interest in latent-variable models (eg see Geweke and Singleton, 1981), and in the NBER (National Bureau of Economic Research) business.
There is no convenient and compact economic history of Macedonia. Hence, this project will be the best witness about the economic situation o f M acedonian pe ople through the centuries.
The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence. These fluctuations typically involve shifts over time between periods of relatively rapid economic growth (expansions.
The new economic history originated in 1958 with The Economics of Slavery in the Antebellum South by American economists Alfred H. Conrad and John R. Meyer, which caused a firestorm of controversy with its claim, based on statistical data, that slavery, being economically efficient and highly profitable for slaves owners, would not have ended in the absence of the U.S. Civil War.
In contrast, Chicago school economists following Milton Friedman (1953) employ a positivist methodology. While Austrians maintain that one needs a theory first in order to understand history, followers of the Chicago school try to derive economic laws from history; sometimes applying econometric analysis.