Search Results - subject:"Okun‘s law"

Foundations of the economic and social history of the United States: Empirical

Albers, Scott - Volkswirtschaftliche Fakultät, … - 2013

I argue that a form of consciousness may be found in American economic history, one which is both mathematically demonstrable and important. In this book I present a model of economic and political growth based upon systematic addition. We begin with a philosophic model of trade (pp. 34-46);...

Persistent link: https://www.econbiz.de/10011259667

Okun’s Law as a Pi-to-1 ratio: A harmonic / trigonometric theory as to why Okun’s Law works

Albers, Scott - Volkswirtschaftliche Fakultät, … - 2013

“Okun’s Law” states a 3:1 proportion between percent growth in U. S. real GNP and percent decrease in the rate of … inverses with proximities of within 1.3%, 1.0%, 0.35%, 0.00105% and less than half a degree. In Part Two this model of Okun’s … Law is connected closely to an analysis of the well-known Kondratiev Wave, a 56-year “Long Wave” of evolving social and …

Persistent link: https://www.econbiz.de/10011260030

Foundations of the economic and social history of the United States: Theoretical

Albers, Scott - Volkswirtschaftliche Fakultät, … - 2013

In sum, in these essays I explore the self-similarity between levels, the fractal structure of reality, through an investigation of an inherent and unavoidable uncertainty which is unique to each level. These essays will demonstrate that as each level struggles to resolve its own inherent...

Persistent link: https://www.econbiz.de/10011260442

The Validity of Okun’s Law in Nigeria: A Difference Model Approach

BABALOLA, Sikiru Jimoh; SAKA, Jimoh Olakunle; ADENUGA, … - In: Asian Economic and Financial Review 3 (2013) 12, pp. 1598-1608

This paper, empirically, tests the validity of Okun’s law in Nigerian economy from 1980-2012. The two versions of the … difference model approach of the Okun’s law are used even though one of them is frequently used in the literature. We utilize Var …

Persistent link: https://www.econbiz.de/10010839206

Does Output Predict Unemployment? A Look at Okun’s Law in Greece

Karfakis, Costas; Katrakilidis, Konstantinos; Tsanana, … - 2013

This paper examines the unemployment-output relationship in Greece, using a dynamic version of Okun’s Law. The Granger …

Persistent link: https://www.econbiz.de/10010733771

THE CORRELATION BETWEEN GROSS DOMESTIC PRODUCT AND UNEMPLOYMENT, IN ROMANIA STARTING WITH 1995

GIBESCU, Octavia - Maria - In: Romanian Statistical Review 61 (2013) 7, pp. 90-96

It is known that until the late 1980s, in Romania, the term “unemployed” was practically unused, the centralized economy having as major goal the complete occupancy. Starting with 1990, this phenomenon was manifested itself in our country as well, as a result of the imbalance of the labor...

Persistent link: https://www.econbiz.de/10010734618

Post-recession US employment through the lens of a non-linear Okun’s law

Ferrara, Laurent; Mignon, Valérie; Chinn, Menzie - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2013

and cyclical employment components by estimating a non-linear Okun’s law based on a smooth transition error …

Persistent link: https://www.econbiz.de/10010659464

Post-Recession US Employment through the Lens of a Non-Linear Okun's Law

Chinn, Menzie; Ferrara, Laurent; Mignon, Valérie - Centre d'études prospectives et d'informations … - 2013

Cet article étudie la relation entre l’emploi et le PIB aux Etats Unis. Nous distinguons entre composantes cyclique et permanente de l’emploi via l’estimation d’une loi d’Okun non linéaire basée sur un modèle à correction d’erreur à transition lisse tenant compte simultanément...

Persistent link: https://www.econbiz.de/10010827759

Foundations of the economic and social history of the United States: Metaphysical

Albers, Scott - Volkswirtschaftliche Fakultät, … - 2013

"Oppositional Analysis" - the name I give to the metaphysics presented in this volume - proposes a number of dichotomies through which one may analyze and understand systematically the structure of every level of reality. Macroeconomic theory, as well as social research, are two excellent stages...

Persistent link: https://www.econbiz.de/10011258411

The unemployment-growth relationship in transition countries

Gabrisch, Hubert; Buscher, Herbert S. - 2005

Does the disappointingly high unemployment in Central and East European countries reflect non-completed adjustment to institutional shocks from transition to a market economy, or is it the result of high labour market rigidities, or rather a syndrome of too weak aggregate demand and output? In...

Persistent link: https://www.econbiz.de/10010271945