Table 3 Bai-Perron multiple break tests of Okun equation, quarter-to-quarter changes, 1991/Q1–2021/Q4
From: A monthly leading indicator of Swiss GDP growth based on Okun’s law
Break test | F-statistic | Scaled F-statistic | Critical value (5% sign. level) |
|---|---|---|---|
0 versus 1 | 14.51 | 29.012 | 11.47 |
1 versus 2 | 5.62 | 11.24 | 12.95 |