Saturday, July 2, 2011

What happened to the good old days?

Are the good old days really gone? If the Aruoba-Diebold-Scotti Index is right, then even the 90s dot-com boom and the post-2001 recovery years were not as good as the post-1980 recovery years (or even the 60s and the 70s for that matter).

My ocular regression is confirmed by this following parametric smoothed plot:

Of course, the smoothing parameter was picked to confirm my bias. The following plots use different smoothing parameters.

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