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The Chicago School
Culture & Society
The Digital Economy
Economic History
The Equitable Economy
The Green Economy
The Information Economy
International Economics
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Insights shaping the future of capitalism.
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The Chicago School
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Option-Based Credit Spreads Signal a Recession, but the US Stimulus Will Soften the Blow
Mihir Gandhi
Over the past month, option-based credit spreads spiked and remain at elevated levels. The surge signals that a recession is at our door, but...
How to Interpret Financial Market Movements to Predict the Impact of Coronavirus on GDP
Ralph S.J. KoijenÂ
Equity markets in the EU and US dropped by as much as 30 percent, which means that investors have revised downward their estimate of...
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