Cazes, Sandrine; Verick, Sher Singh; Al-Hussami, Fares - In: IZA journal of labor policy 2 (2013), pp. 1-18
commentators have argued that the subsequent rise in unemployment exceeded previous estimates of the elasticity of the unemployment …-term estimate of Okun’s coefficient implying that the deviation in unemployment during the crisis resulted from a larger output gap … period utilized. Focusing more on short-term fluctuations, changes in unemployment are decomposed to identify the association …
