Monday, May 13, 2019

Wage growth forecast continues to perform (unemployment, too)

The dynamic information equilibrium model (DIEM) wage growth forecast from over a year ago now continues to perform a bit better than Jan Hatzius's forecast from six months ago:



For some reason, I didn't put the latest unemployment rate report on the blog (and labor force participation) — let me correct that:



No comments:

Post a Comment

Comments are welcome. Please see the Moderation and comment policy.

Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.