KARGI, Bilal - In: International Research Journal of Finance and Economics 119 (2014), pp. 77-85
, it is known that there is a reverse relation between unemployment and growth known as Okun’s Law. This relation …, suggesting that every 1 point decrease in unemployment induces a 3 point increase in growth, is tested for many countries. In … difference in coefficients. At the same time, long term relation between growth and unemployment is tested with the use of time …