Friends, Exactly how useful is a "recession model" in a time like this? I'm willing to bet most of us already believe that an economic contraction is imminent or already here. Now whether NBER will end up declaring this a "recession" is another matter, but most of us probably feel those odds are high as well.
Recession Model Update (May 2020)
Recession Model Update (May 2020)
Recession Model Update (May 2020)
Friends, Exactly how useful is a "recession model" in a time like this? I'm willing to bet most of us already believe that an economic contraction is imminent or already here. Now whether NBER will end up declaring this a "recession" is another matter, but most of us probably feel those odds are high as well.