On the Time‐Varying Relationship between Unemployment and Output: What shapes it?
On the Time‐Varying Relationship between Unemployment and Output: What shapes it?
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Edinburgh: Wiley Subscription Services, Inc
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Language
English
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Edinburgh: Wiley Subscription Services, Inc
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This paper revisits, by means of both time series and panel data analyses, the empirical regularity popularized by Okun's (Proc Bus Econ Sect, 98‐103, 1962) seminal paper focusing on a sample of 20 advanced economies between 1978 and 2015. Not only do we provide arguably better estimates of the Okun's Law coefficient (OLC) (using the gap version) b...
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Full title
On the Time‐Varying Relationship between Unemployment and Output: What shapes it?
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Author / Creator
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TN_cdi_proquest_journals_2304046376
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2304046376
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ISSN
0036-9292
E-ISSN
1467-9485
DOI
10.1111/sjpe.12200
