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Francis X. Diebold Glenn D. Rudebusch Business Cycles (Hardback) (US IMPORT) - Picture 1 of 1

Business Cycles: Durations, Dynamics, and Forecasting by Francis X. Diebold, Glenn D. Rudebusch (Hardcover, 1999)

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They consider whether economic expansions and contractions tend to die of "old age.". They show here that the index of leading economic indicators is a poor predictor of future economic activity, and consider what we can learn from other indicators, such as financial variables.