Working paper icon

Working paper

Credit, the Stock Market and Oil: Forecasting US GDP.

Abstract:

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 credit conditions index is measured in the Federal Reserve's Survey of Senior Loan Officers and its importance is consistent with a 'financial accelerator' view. The balance of payments, exchange ra...

Expand abstract

Actions


Authors


Volume:
2906
Publication date:
2001-01-01
URN:
uuid:f6c64875-7d23-45aa-a87a-3e9869e9d720
Local pid:
oai:economics.ouls.ox.ac.uk:11724
Language:
English

Terms of use


Metrics


Views and Downloads






If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP