The stability of Okun's Law mostly has been investigated over time. In this paper, we apply wavelet analysis to dissect … at higher frequencies shows an on-off pattern with a re-emergence of Okun's law during the Great Recession …

Okun's law, varies across business cycles measures. At the U.S. aggregate level, the results indicate the presence of …, Okun's law is strong when the unemployment gap grows faster than 1.07 percentage points above the natural rate of ….70 percentage points during periods of expansion, revealing a flattening, but also a shift, of Okun's law. The results are robust to …

We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are … the cross-country cyclical differences in the aggregate Okun's coefficient …

Using a novel methodology, we offer new evidence that a threshold relationship exists for Okun's law. We use a logistic …-related variables accounts for changes (rises) in the Okun's parameter in the US in recent decades. Accordingly, the unemployment gap is …

This paper revisits the relationship between economic growth and employment creation as expressed in Okun’s law by … developing and emerging countries, the Okun’s coefficient is lower than in developed countries. Moreover, there are important … informality (and SMEs), the analysis in this paper calls for greater caution in using Okun’s co­efficients to inform policy …

We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are … the cross-country cyclical differences in the aggregate Okun's coefficient. …

apply Okun's law, aiming to estimate age-, gender- and educational attainment level-specific unemployment rate sensitivity … previous findings of male- and youth-specific Okun's coefficients and reveal that they significantly stand out just over the …

In this paper, we analyze, by means of the difference version of Okun's law, the relationship between tourism sector …