Regression for Unemployment Rate
|
| Dependent variable (+/- SE): |
| |
| Unemployment Rate |
|
Constant | -1.855 (+/- 2.387) |
| p = 0.446 |
SP500 Stock Price Index | -0.002 (+/- 0.0003) |
| p = 0.000*** |
US Fed Reserve O-N Loan Rate | 3.046 (+/- 0.226) |
| p = 0.000*** |
Nominal GDP growth | -0.036 (+/- 0.004) |
| p = 0.00000*** |
Nominal disposable income growth | 0.017 (+/- 0.005) |
| p = 0.002*** |
BBB corporate yield | 0.715 (+/- 0.139) |
| p = 0.00005*** |
30-year Mortgate Rate | -1.046 (+/- 0.339) |
| p = 0.006*** |
Home Price Index | 0.021 (+/- 0.007) |
| p = 0.004*** |
LN_Market Volatility Index | 0.434 (+/- 0.087) |
| p = 0.0001*** |
US Avg Retail Gasoline Price ($-gal; all grades, all formulations) | 1.093 (+/- 0.128) |
| p = 0.00000*** |
30-year Treasury Yield | 24.610 (+/- 3.143) |
| p = 0.00000*** |
LN_30-year Treasury Yield | -57.226 (+/- 4.797) |
| p = 0.000*** |
LN_20-year Treasury Yield | 16.014 (+/- 1.741) |
| p = 0.000*** |
LN_10-year Treasury Yield | -6.291 (+/- 1.394) |
| p = 0.0002*** |
LN_7-year Treasury Yield | 5.545 (+/- 1.116) |
| p = 0.0001*** |
5-year Treasury Yield | -4.060 (+/- 0.798) |
| p = 0.00005*** |
6-month Treasury Yield | -2.861 (+/- 0.209) |
| p = 0.000*** |
5-year Treasury Yield_2 | 0.529 (+/- 0.128) |
| p = 0.0005*** |
30-year Treasury Yield_2 | -1.690 (+/- 0.280) |
| p = 0.00001*** |
|
Observations | 40 |
R2 | 0.999 |
Adjusted R2 | 0.997 |
Residual Std. Error | 0.109 (df = 21) |
F Statistic | 807.480*** (df = 18; 21) |
|
Note: | *p<0.1; **p<0.05; ***p<0.01 |