Submitted by Econbrowser
That’s the topic of my most recent research paper. Reader warning: this is a bit more technical than the standard Econbrowser post, so if you’re not a user of regression analysis, this may not be up your alley.
One of the contributions for which my colleague Rob Engle received the Nobel Memorial Prize in […]

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Submitted by CARPE DIEM

Compared to the early 1970s, the U.S. economy is now twice as energy efficient, requiring only about 1/2 of the energy consumption per dollar of real GDP in 2007 (8.78 BTUs per dollar of real GDP) as in 1973 (17.44 BTUs per dollar of real GDP), according to data just released by […]

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Submitted by CARPE DIEM

In just the last 10 days, the odds of a recession have fallen from 60% to 30%, based on futures trading on Intrade.com (see chart above, click to enlarge). Goldilocks rocks!!

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