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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,...
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. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different … cyclical component of the unemployment rate, it can be demonstrated that the whole reported impact solely affects this …
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