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Okun's law and potential output
Lancaster, David; Tulip, Peter - 2015
Persistent link: https://www.econbiz.de/10013259543
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Disaggregating Okun's law : a case-study for Macedonia
Andonova, Danica Unevska; Petrovska, Magdalena - 2018
unemployment that is in line with this empirical regularity and the findings for the other emerging markets and regional peers. We … European debt crisis. When investigating whether various expenditure components of GDP may cause different unemployment … improve forecasting of unemployment. …
Persistent link: https://www.econbiz.de/10011981843
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A dynamic version of Okun's law in the EU15 countries - the role of delays in the unemployment-output nexus
Obst, Thomas - 2019 - Version: August 2019
law with a focus on the dynamic part of the relationship. We find that the negative relationship between unemployment and … misspecification of the short run unemployment-output relationship. A mixed lag structure indirectly controls for missing explanatory …
Persistent link: https://www.econbiz.de/10012040048
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How strong is the correlation between unemployment and growth really? : the persistence of Okun's Law and how to weaken it
Marth, Stefan - 2015
We examine Okun's Law on the basis of new growth perspectives and in the context of the WWWForEurope project. By comparing Okun's work from 1962 with the latest IMF and OECD surveys, a connection is set up and Okun's theoretical framework is updated and its persistence is examined. In addition,...
Persistent link: https://www.econbiz.de/10011336545
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Do real-time Okun's law errors predict GDP data revisions?
Barnes, Michelle L.; Gumbau-Brisa, Fabià; Olivei, … - 2012 - This version: December 2012
Using U.S. real-time data, we show that changes in the unemployment rate unexplained by Okun's Law have significant … a change in potential GDP, the equilibrium unemployment rate, or the use of labor's intensive margin. …
Persistent link: https://www.econbiz.de/10009723755
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Did Okun's Law die after the Great Recession?
Canarella, Giorgio; Miller, Stephen M. - 2016
Persistent link: https://www.econbiz.de/10011547558
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Modelling Okun's law - does non-Gaussianity matter?
Kiss, Tamás; Nguyen, Hoang; Österholm, Pär - 2022
In this paper, we analyse Okun's law - a relation between the change in the unemployment rate and GDP growth - using … fruitful. In terms of dynamic effects, a shock to GDP growth has robustly negative effects on the change in the unemployment …
Persistent link: https://www.econbiz.de/10012799537
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Beyond Okun's law : output growth and labor market flows
Lim, Guay C.; Dixon, Robert E.; Ours, Jan C. van - 2018
Persistent link: https://www.econbiz.de/10012109676
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Beyond Okun's law : output growth and labor market flows
Lim, Guay C.; Dixon, Robert J.; Ours, Jan C. van - 2018
This paper studies the relationship between the change in the unemployment rate and output growth using an approach …
Persistent link: https://www.econbiz.de/10011940045
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Sectoral Okun's law and cross-country cyclical differences
Goto, Eiji; Bürgi, Constantin - 2020
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …
Persistent link: https://www.econbiz.de/10012166007