This paper constructs a composite index of leading indicators of New Zealand employment. The choice of variables and their weights in the composite index are determined by their concordance with employment. The composite index is included in an indicator model to forecast quarterly employment...

"Savings and wealth accumulation are important dimensions of research and policy debates. In the collection of critical surveys presented in this edited volume, the reader is provided with a range of up-to-date work from some of the leading scholars in the area, writing on private and public...

This paper quantifies the impact of monetary policy shocks on asset markets in the United States and gauges the usefulness of a shadow short rate as a measure of conventional and unconventional monetary policy shocks. Monetary policy surprises are found to have had a larger impact on asset...