Perman, Roger; Gaetan, Stephan; Tavera, Christophe - Economics Department, University of Strathclyde - 2013
This paper seeks to identify whether there is a representative empirical Okun’s Law coefficient (OLC) and to measure its size. We carry out a meta regression analysis on a sample of 269 estimates of the OLC to uncover reasons for differences in empirical results and to estimate...