Pérez, Javier J.; López, Jesús Rodríguez; Usabiaga, … - Centro de Estudios Andaluces, Government of Andalusia - 2002
We estimate the Okun Law for Andalusia and Spain using quarterly data for the period 1984-2000. We take a VAR approach that allows us to unveil the different dynamic behaviour of the relationship between the output gap and the unemployment gap in the two regions, as well as the asymmetric nature...
