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.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.