Table 4 Bai-Perron multiple break tests of Okun equation, year-to-year 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 | 16.49 | 32.98 | 11.47 |
1 versus 2 | 9.78 | 19.56 | 12.95 |
2 versus 3 | 3.13 | 6.27 | 14.03 |