Robert Hall, chairman of the Business-Cycle Dating Committee: “A recession is definitely underway”
Robert Hall, chairman of the Business-Cycle Dating Committee: of the National Bureau of Economic Research:
The first author is chairman of the committee at the National Bureau of Economic Research that identifies the month when a recession began. The committee has not yet acted, but only because of some puzzles about the timing. A recession is definitely underway, in the authors’ opinion and that of virtually all macroeconomists.
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The committee has not yet acted, but only because of some puzzles about the timing.