This MIT economist helps decide when recessions officially begin and end. Here’s why those dates matter // NBC Boston
Professor James Poterba, president of the National Bureau of Economic Research and a member on the Business Cycle Dating Committee, discusses the practice of dating economic downturns. Poterba notes that examining economic fluctuations “helps to design policy going forward. It enables us to look back and say, for example, what are the consequences of interest rate increases?”
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