How much impact does consumer lending have on economic outcomes? A research paper published by Princeton University notes it was deregulating the banking industry and allowing interstate banking competition that increased loan growth that made an economic difference in the 1980s and that one would be able to predict recessions including the 2008 one using data from that era (perhaps). Predict Recessions using data from the 1980s? The paper is not designed to make a political statement about deregulation, Princeton University Professor Atif Mian said. The goal of the study conducted with Emil Verner from Princeton and Amir Sufi from…
Could The 1980s Have Predicted the Great Recession?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.