One way to predict economic slumps
MBA

In a 2008 visit to the London School of Economics, Queen Elizabeth famously asked economists why no one had predicted the onset of the financial crisis then afflicting the global economy. For Princeton University’s Atif Mian and Emil Verner, along with Chicago Booth’s Amir Sufi, the answer may be explained in part by a fundamental misunderstanding in macroeconomics of the relationship between household debt and economic growth.

 

MBA

One way to predict economic slumps
MBA Insights

In a 2008 visit to the London School of Economics, Queen Elizabeth famously asked economists why no one had predicted the onset of the financial crisis then afflicting the global economy. For Princeton University’s Atif Mian and Emil Verner, along with Chicago Booth’s Amir Sufi, the answer may be explained in part by a fundamental misunderstanding in macroeconomics of the relationship between household debt and economic growth.

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CGMA Annual Dinner Hong Kong 2016
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The Chartered Institute of Management Accountants (CIMA)’s Hong Kong office held its Annual Dinner, the largest annual event, on 17th May. Officiated by Myriam Madden, President of CIMA.