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The U.S. Nonfarm Payroll and the out-of-sample predictability of output growth for over six decades

We examine the predictive prowess of the U.S. Nonfarm Payroll (USNFP) for output growth in the U.S. covering over six decades from 1947 to 2021. Using two different measures of output growth (with Gross Domestic Product growth being used for the main analysis and growth in Industrial Production Inde...

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Detalles Bibliográficos
Autores principales: Salisu, Afees A., Olaniran, Abeeb
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Netherlands 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8853226/
https://www.ncbi.nlm.nih.gov/pubmed/35194253
http://dx.doi.org/10.1007/s11135-022-01342-8