Table of contents

  1. Front Matter
    Pages i-xvi
  2. Introduction

  3. Four Key Variables: Growth, Unemployment, Inflation and Interest Rates

  4. A Recession Symptoms

  5. B Recession Stories

    1. Pages 139-153
    2. Pages 155-171
  6. C Recession Early Warning Signs

  7. D Recession Causes

  8. Expansions: With and Without Spurts

  9. The Longer Run: Savings, Investment, Government Borrowing, Foreign Lending and Your Home

About this book

Introduction

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 economy. Edward Leamer argues that "We are pattern-seeking story-telling animals." He provides in this book the patterns and stories that are the basis for his understanding of what determines the business cycle and what determines long-run economic growth.

Keywords

Econometrics Economic Growth Forecast Inflation MBA Pattern Seeking Statistics Story Telling growth

Authors and affiliations

  • Edward E. Leamer
    • 1
  1. 1.Anderson School of Management Global Economics & Management AreaUniversity of California, UCLALos Angeles

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-540-46389-4
  • Copyright Information Springer Berlin Heidelberg 2009
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Business and Economics
  • Print ISBN 978-3-540-46388-7
  • Online ISBN 978-3-540-46389-4
  • About this book