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Hard times ahead

Nature (2001)Cite this article

Depressions caused by loss of economic confidence might be predictable.

A new model of economic fluctuations suggests that a global recession is indeed imminent - probably worse than that of 1990-91 - and that forecasters should have spotted it a year ago1.

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References

  1. Middleton, E. 'Animal spirits' and expectations in nonlinear US recession forecasting. Preprint, (2001August)

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Authors
  1. Philip Ball
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Ball, P. Hard times ahead. Nature (2001). https://doi.org/10.1038/news010816-12

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  • DOI: https://doi.org/10.1038/news010816-12

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