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How Well Does Employment Predict Output?
Principal Investigator(s): Kliesen, Kevin L.
Summary: Economists, policymakers, and financial market analysts typically pay close attention to aggregate employment trends because employment is thought to be an important indicator of macroeconomic conditions. One difficulty is that there are two separate surveys of employment, which can diverge widely from one another, as the previous and current economic expansions demonstrate. The conventional wisdom is that, for assessing economic conditions, the survey that counts the number of jobs (esta... (view details)
Persistent URL: http://dx.doi.org/10.3886/ICPSR20963
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