The chart above shows University of Oregon economics professor Jeremy Piger’s “Recession Probability Index” from January 1968 to December 2012, based on the four monthly variables used by the NBER to ...
The chart above shows University of Oregon economics professor Jeremy Piger’s “Recession Probability Index” from 2000 to January 2008, based on the 4 monthly variables used by the NBER to determine ...
a priori Probability: the probability that we determine from knowing the process by which the uncertain event happens (by logically examining existing information). Certain Event: event that is sure ...
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