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Recent survey results from the Senior Loan Officer Opinion Survey indicate that, on net, many banks tightened their loan standards during 1990 and early 1991. This article investigates the implications of these results by comparing them to survey responses from previous periods.
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Conference participants foresee another good year for farm income.
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Price Indexes allow one to compare the average levels of prices at different times. Despite their widespread use, price indexes do not answer all questions as well as analysts might wish. Macroeconomic Price Indexes is a guide for users of major price indexes. It provides details about several...
Persistent link: https://www.econbiz.de/10005063774
The idea of rational expectations has revolutionized macroeconomics. Several authors believe that the idea can be easily tested by a simple econometric procedure. This paper, however, presents several reasons for questioning the relevance of such tests.
Persistent link: https://www.econbiz.de/10005063828