Data for: Some new insights on the empirics of Goodwin's growth-cycle model
Published: 20 August 2019| Version 1 | DOI: 10.17632/cfcjw4p3vk.1
Our dataset is quarterly. Employment rate series come from the U.S. Bureau of Labour Statistics as one minus the unemployment rate and are available from 1948Q2 to 2016Q4. The wage-share was computed using data from the Bureau of Economic Analysis taking the ratio between the compensation of employees and domestic income at production prices from 1947Q1 until 2016Q4. We also use the capacity utilisation index provided by the Board of Governors of the Federal Reserve System available only after 1967Q1. Matlab files contain the code used to obtain the figures in the paper. Parameter values were obtained from our econometric estimates.