Example: confidence
Term Spread Predict Output Growth And Recessions
Found 2 free book(s)Can the Term Spread Predict Output Growth and …
files.stlouisfed.orgCan the Term Spread Predict Output Growth and Recessions? A Survey of the Literature David C. Wheelock and Mark E. Wohar This article surveys recent research on the usefulness of the term spread (i.e., the difference between the yields on long-term and short-term Treasury securities) for predicting changes in economic activity.
The cost of Covid-19 - The Institute for Government
www.instituteforgovernment.org.ukthe UK, as in many other countries. Estimates vary, but many forecasters predict that output in the UK will be at least 10% lower in real terms in 2020 than in 2019. The latest central projection from the Office for Budget Responsibility (OBR), the UK’s official forecaster, suggests output will fall by 12.4% this calendar year (and by 13.3%