Carmen, Pagliari; Nicola, Mattoscio; Iacopo, Odoardi; … - In: Annals of Faculty of Economics 1 (2013) 1, pp. 736-745
The traditional analysis of unemployment in relation to real output dynamics is based on some empirical evidences deducted from Okun's studies. In particular the so called Okun's Law is expressed in a linear mathematical formulation, which cannot explain the fluctuation of the variables...