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Ciclos económicos y bonanzas exportadoras : teoría y evidencia en cuatro países productores de café

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Inestabilidad macroeconómica y progreso social

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Macroeconomic instability and social progress

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Does Okun's Law on Cyclical Unemployment Apply in Kenya?

Mose, Victor - 2019

The paper finds Okun's coefficient for Kenya to be 0.12 over the period 1991-2012, instead of 0.3. This implies that to … reduce unemployment rate in Kenya by 1 percent, real GDP must grow by at least 10 percent. Given the real GDP targets for the … period 2012-2018, it is feasible for Kenya to achieve 4 percent unemployment rate in the 5 years but if the economy continues …

Persistent link: https://www.econbiz.de/10012904111