Browsing Arbeidsnotater / Working Papers by Author "Herstad, Eyo I."
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Residential Investment and Recession Predictability
Aastveit, Knut Are; Anundsen, André K.; Herstad, Eyo I. (Working Papers;24/2017, Working paper, 2017)We assess the importance of residential investment in predicting economic recessions for an unbalanced panel of 12 OECD countries over the period 1960Q1-2014Q4. Our approach is to estimate various probit models with different ...