Abou Hamia, Mohamad A. - In: Journal for Labour Market Research 49 (2016) 3, pp. 239-251
summarized as follows: First, the estimation results suggest that Okun's Law is valid, and hence job creation is associated with … growth in only six of the seventeen countries, namely Algeria, Egypt, Iran, Jordan, Lebanon, and Turkey. Second, our results … squares test confirms that Okun's Law is stable in Algeria, Egypt, and Iran, unstable in Jordan, and ambiguous in Lebanon and …