Revoredo-Giha, Cesar; Leat, Philip M.K.; Renwick, Alan W. - Land Economy and Environment Group, Scotland's Rural College - 2012
The relationship between unemployment and growth (i.e., the so-called Okun’s Law) has long standing in macroeconomics … context of the current budgetary cuts, which may affect both GDP growth and unemployment in different ways rural and urban … unemployment, the results indicate a different and stronger effect in urban areas than in rural areas. …