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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Analysis
3 mins to read

Why investigating business cycles helps forecast recession risk

Economy Matters: The job of a macroeconomist is figuring out who/what killed the economic expansion.

At the turn of the century, there was great optimism that the business cycle had been tamed and that disruptive economic fluctuations need not destroy businesses or jobs. In February 2004, the soon to be Federal Reserve chair, Ben Bernanke said that “one of the most striking features of the

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John McDermott Tue, 02 Mar 2021
Contact the Writer: john.mcdermott@motu.org.nz
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Why investigating business cycles helps forecast recession risk
Analysis,Columns,
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