During the last decade, economists have shown that the inverse relationship between economic growth and unemployment rate varies over time. Rolling regression has been the main tool used to quantify such a relationship. This methodology suffers from several well-known problems which lead to...

Our aim is to develop a pyramid of Okun's coefficient by age and gender in the Italian labour force using a varying-coefficient model. The unemployment rate by age and gender -- useful information for estimating Okun's relationship -- is not available for Italy from official statistics....

This study investigates Okun's law in OECD countries by examining estimates for male and female age cohorts for the period 1998-2012. We find that the estimated Okun coefficients are not always statistically significant for each subgroup of the population. Our results also highlight a general...

We investigate Okun's law in some European countries over 1985-2020 period, with a focus on the COVID-19 pandemic. We compare estimates using traditional OLS and an M-robust estimator within a rolling regression framework. Firstly, we found that the M-estimator outperforms the OLS estimator in...