Sogner, Leopold; Stiassny, Alfred - In: Applied Economics 34 (2002) 14, pp. 1775-1787
Okun's law postulates an inverse relationship between movements of the unemployment rate and the real gross domestic product (GDP). This article investigates Okun's law for 15 OECD countries and checks for its the structural stability. By using data on employment and the labour force whether...