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Is there a policy of optimal wage and income differentiation? A macroeconomic perspective
Sell, Friedrich L. - Fakultät für Wirtschafts- und … - 2000
most likely responsible for a considerable part of European unemployment. …
Persistent link: https://www.econbiz.de/10008462116
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THE ROBUSTNESS OF OKUN'S LAW: A TIME SERIES VALIDATION IN THE CONTEXT OF PAKISTAN (1975-2009)
ZAMAN, Khalid; KHAN, Muhammad Mushtaq; AHMAD, Mehboob - In: Journal of Applied Research in Finance Bi-Annually III (2011) 1, pp. 98-116
employment generating policies eventually trims down the critical problem of unemployment. This paper emphasizes the link between … GDP per capita and unemployment rate, as described by Okun's law. In a developing country like Pakistan, Okun's law … economic growth and unemployment. Non-parametric estimates of the potential output are calculated. The results are in the range …
Persistent link: https://www.econbiz.de/10010851962
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JOBLESS GROWTH? OKUN'S LAW IN EAST ASIA
HANUSCH, MAREK - In: Journal of International Commerce, Economics and Policy … 04 (2013) 03, pp. 1350014-1
Was economic growth in East Asia jobless? An analysis of Okun's Law in eight countries between 1997 and 2011 suggests that it was not. However, there is considerable variation across countries. Generally, the effect of growth on employment magnifies in more flexible labor markets. Yet even under...
Persistent link: https://www.econbiz.de/10010883256
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WP 2011-4 Dynamics of Output and Employment in the U.S. Economy
Basu1, Deepankar; Foley, Duncan K. - Bernard Schwartz Center for Economic Policy Analysis … - 2011
This paper investigates the changing relationship between employment and real output in the U.S. economy from 1948 to 2010 both at the aggregate level and at some major industry-grouping levels of disaggregation. Real output is conventionally measured as value added corrected for price...
Persistent link: https://www.econbiz.de/10009643523
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The Phillips Curve and NAIRU Revisited: New Estimates for Germany
Fitzenberger, Bernd; Franz, Wolfgang; Bode, Oliver - In: Journal of Economics and Statistics (Jahrbuecher fuer … 228 (2008) 5+6, pp. 465-496
estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the … compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the …
Persistent link: https://www.econbiz.de/10008596551
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Will without War?
Klinedinst, Mark - Volkswirtschaftliche Fakultät, … - 2009
While congress debates the merits of a stimulus package of around 900 hundred billion dollars, a historical approach to the current situation suggests that the stimulus packages currently being discussed are actually far less generous than may be needed. The Congressional Budget Office projects...
Persistent link: https://www.econbiz.de/10008694170
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Unemployment and the GNP Gap: Okun's Law Revisited
Hsing, Yu - In: Eastern Economic Journal 17 (1991) 4, pp. 409-416
effect of a change in the GNP gap on the unemployment rate varies from -0.280 in 1969.1 to -0.801 in 1982.4; the effect is … larger (smaller) when the unemployment rate is higher (lower); and the linear form can be rejected at the 1 percent level. To … reduce the unemployment rate by one percentage point in 1982.Q4, the author may overestimate the increase in actual real GNP …
Persistent link: https://www.econbiz.de/10005641868
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Labor Productivity and Okun's Law: An Empirical Application to Italian Regional Panel Data
Giovanni, Busetta; Dario, Corso - In: Rivista italiana degli economisti (2012) 2, pp. 279-298
relationship between economic growth and unemployment fluctuations. Several attempts were later made to test the empirical …
Persistent link: https://www.econbiz.de/10010651457
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Sectoral Economic Growth and Employment in Mexico, 1996-2001
Ogarrio, Aniel A. Altamirano; Huerta, Mario M. Carrillo; … - In: EconoQuantum, Revista de Economia y Negocios 2 (2005) 1, pp. 63-90
Este trabajo muestra los resultados de un estudio del impacto del crecimiento economico sectorial en el desempleo en Mexico para el periodo 1996-2001. este fue realizado con datos desagregados de la Encuesta Nacional de Empleo. El ensayo, que se deriva de trabajos previos relacionados con la ley...
Persistent link: https://www.econbiz.de/10010628380
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The differences between South, Central and North Italy read through a «new» formulation of Okun's law
Busetta G.; Corso D. - In: Rivista economica del Mezzogiorno (2012) 3, pp. 557-580
relation connecting the variations of unemployment rate tothe variations of real GDP's growth rate.The first aim of this …
Persistent link: https://www.econbiz.de/10011157335