Can the Sahm rule indicator signal recession in OECD countries?
收藏Organisation for Economic Co-operation and Development2026-03-28 收录
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资源简介：
Labour market indicators are widely used to identify recessions, with the Sahm rule – based on changes in unemployment rate – valued for its simplicity and timeliness in the United States. Its effectiveness elsewhere, however, remains uncertain. This study examines whether the Sahm rule can serve as an early-warning signal in 32 OECD countries....
