Lanzafame, Matteo - School of Economics, University of Kent - 2006
one version of the cyclical relationship between unemployment and output growth known as Okun's Law [Okun (1962 …)]. Econometrically, the main hypothesis being examined regards the presence of non-linearities in Okun's Law, which can be interpreted as …, in line with recent findings in the literature, our analysis provides evidence of asymmetries in Okun's Law, suggesting …