Resource title

A cross-country study on Okun's Law

Resource image

image for OpenScout resource :: A cross-country study on Okun's Law

Resource description

Okun's Law postulates an inverse relationship between movements of the unemployment rate and the real gross domestic product (GDP). In this article we investigate Okun's law for 15 OECD countries and check for its structural stability. By using data on employment and the labor force we infer whether structural instability is caused either from the the demand side or the supply side. (author's abstract) ; Series: Working Papers Series "Growth and Employment in Europe: Sustainability and Competitiveness"

Resource author

Leopold Sögner, Alfred Stiassny

Resource publisher

Resource publish date

Resource language

en

Resource content type

application/pdf

Resource resource URL

http://epub.wu.ac.at/996/1/document.pdf

Resource license

Adapt according to the license agreement. Always reference the original source and author.