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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...
| Autores principales: | , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Springer Netherlands
2022
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| 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 |