Summary

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.

Recommended Citation

Leamer, Edward E. (2007) "Is a Recession Ahead? The Models Say Yes, but the Mind Says No," The Economists' Voice: Vol. 4 : Iss. 1, Article 1.
DOI: 10.2202/1553-3832.1239
Available at: http://www.bepress.com/ev/vol4/iss1/art1