Credit, the Stock Market and Oil: Forecasting US GDP.
We derive a comprehensive one-year ahead forecasting model of US per capita GDP for 1955-2000, collectively examining variables usually considered singly, e.g. interest rates, credit conditions, the stock market, oil prices and the yield gap, of which all, except the last, are found to matter. The c...
| Main Authors: | , |
|---|---|
| Format: | Working paper |
| Language: | English |
| Published: |
CEPR
2001
|