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...