During the last decade, economists have shown that the inverse relationship between economic growth and unemployment … are complemented by the calculation of the rate of output growth needed for a stable unemployment rate, as proposed by …

This paper asks how well Okun's Law fits short-run unemployment movements in the United States since 1948 and in twenty … the unemployment rate-varies substantially across countries. This variation is partly explained by idiosyncratic features …

This paper asks how well Okun's Law fits short-run unemployment movements in the United States since 1948 and in twenty … the unemployment rate - varies substantially across countries. This variation is partly explained by idiosyncratic …

, and time periods, separate metaregressions are estimated; one using estimates with the unemployment rate as the dependent … unemployment and economic growth, researchers should bear in mind that there are a number of methodological choices that have …

Using threshold regression analysis, this paper studies how the relationship between unemployment and output, known as … strong asymmetries in the relationship characterized by three different regimes, where the sensitivity of unemployment to …, Okun's law is strong when the unemployment gap grows faster than 1.07 percentage points above the natural rate of …

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 …

Okun's law is an empirical relationship that measures the correlation between the deviation of the unemployment rate …

reduce unemployment rate in Kenya by 1 percent, real GDP must grow by at least 10 percent. Given the real GDP targets for the … period 2012-2018, it is feasible for Kenya to achieve 4 percent unemployment rate in the 5 years but if the economy continues … 38 percent in the short run and long run respectively. It is recommended that Kenya should target 4 percent unemployment …