CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Friday, August 29, 2008
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
- Real Disposable Income Up By 11.4% in QII
- Fat Cat Oil Shareholders? No, "Broadly Middle-Class"
- Recession Spoiler: Real GDP Grew At 3.3% in Q2
- Exxon Mobil Per Second: $1,400 in Profits, But It ...
- GOP VP Odds on Intrade.com
- President John F. Kennedy, Early Supply Sider
- Adjusted for Household Size, Real Income Reached A...
- Movin' Up and Down The Income Quintiles in 2 Yrs.
- UM Predicts Job Boom: 3.5m New Jobs in 2009-10
- OFHEO: Home Prices Increased in 30 Out of 50 State...
1 Comments:
Do I misunderstand the Intrade contract or is its price going down because it requires two quarters of negative real GDP growth (in 2008) and we are almost through the 3rd quarter with the numbers suggesting that growth has been positive? It is sort of backward-looking at this point, which means 17 could even be too high, though I am buying at some level since high inflation numbers could cause real GDP to be negative despite positive nominal growth.
Post a Comment
<< Home