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Publication Date:
January 2007
ISSN:
1553-3832
DOI:
10.2202/1553-3832.1239

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Ed. by Cragg, Michael / Edlin, Aaron S. / Jaffee, Dwight / Stiglitz, Joseph / Zwiebel, Jeffrey

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Is a Recession Ahead? The Models Say Yes, but the Mind Says No

Edward E Leamer

Citation Information: The Economists' Voice. Volume 4, Issue 1, Pages –, ISSN (Online) 1553-3832, DOI: 10.2202/1553-3832.1239, January 2007

Publication History:
Published Online:
2007-01-11

Models based on leading indicators suggest that a recession is almost certainly imminent, but Edward Leamer, a prominent econometrician, distrusts the econometrics and argues that the housing slump will be confined to that sector.

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