Mihajlović, Vladimir; Marjanovic, Gordana - In: Naše gospodarstvo / Our Economy 67 (2021) 2, pp. 1-9
The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as Okun's law. However, in transition and emerging markets economies' context, the output-employment nexus has a much more important role as these countries strive to significantly...
