Journal of Applied Econometrics, Vol. 12, No. 6 (Nov. - Dec., 1997), pp. 701-714 (14 pages) This paper seeks to address the policy issue of the usefulness of financial spreads as indicators of future ...

During economic downturns an economy’s output of goods and services declines. When times are good, by contrast, that output—usually measured as GDP—increases (see “Gross Domestic Product: An Economy’s ...

The GDP of developing countries rose by an estimated 4.8% in 2013, almost 1% below potential GDP (the output consistent with full employment and stable inflation). The difference between actual and ...

During economic downturns an economy’s output of goods and services declines. When times are good, by contrast, that output—usually measured as GDP—increases (see “Gross Domestic Product: An Economy’s ...