businessweek.com - 12/3/2008
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As I noted yesterday, we have now been in recession for a year, but reported real GDP has actually risen. How can that be? I've looked a bit deeper into this. One of the big problems, I think, is the...
econbrowser.com - 12/2/2008
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econbrowser.com —
The Business Cycle Dating Committee of the National
Bureau of Economic Research announced today that the eleventh...
U.S. postwar recession began in December of 2007. As has often been the case historically, the announcement itself is a bit ...
(more)
It's official
woodwardhall.wordpress.com - 12/11/2008
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woodwardhall.wordpress.com —
The Obama administration’s focus on infrastructure spending raises
the natural question of the effect of government purchases...
on total GDP. Does government spending stimulate other categories of spending, especially consumer spending? Or does ...
(more)
Measuring the Effect of Infrastructure Spending on GDP
econbrowser.com - 11/26/2008
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econbrowser.com —
The OECD has just released its forecasts. This
follows the recent updated IMF forecasts. Growth is evaporating...
the industrial countries. What is to be done? Figure 1: From visualization of OECD Economic Outlook 84 [link] . Blue is negative ...
(more)
Synchronized Recession, Synchronized Stimulus?
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links for 2008-12-03
Economist's View —
... How to Foil "Phishing" Scams - Scientific American
U.S. Lags In Providing College Access - washingtonpost.com
Global imbalances threaten the survival of liberal trade - Martin Wolf
Automakers Won't Make Fuel-Efficient Cars - Robert Reich
A rose by any other name (VSL) - Environmental Economics
Obama’s Most Interesting Pick (Romer) - Ed Glaeser
Why is real GDP growing in a recession? - BusinessWeek
Was the Glass-Steagall ...
Why GDP Seemingly Rise During A Recession
Stefan Karlsson's blog —
... 2007 was the month of the peak. There can be little dooubt that America has been in a recession for about a year now and that this recession has become a lot more severe in recent months. Yet, it is worth noting that the recession so far hasn't met the media definition of a recession, namely two consecutive quarters of contraction. There has been two quarters of contraction, Q4 2007 and Q3 2008, but the two quarters in between seemingly had positive growth. This is something which Michael Mandel of Business Week finds puzzling. ...
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woodwardhall.wordpress.com 12/11/2008 — The Obama administration’s focus on infrastructure spending raises the natural question of the effect of government purchases on total GDP. Does government spending stimulate other categories of spending, especially consumer spending? Or does ...
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The U.S. Didn’t Cause the World Recession
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Embracing Recession —
The Big Money 12/2/2008
It's official: The U.S. economy has been in recession since last December , according to new figures from the National Bureau of Economic Research.
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