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In the context of Okun Law, the relationship between real output and unemployment rate in OECD : a panel error correction and panel ARDL approaches

Altunöz, Utku - In: Mokslo darbai / Vilniaus Universitetas 103 (2024) 1, pp. 6-24

. Causality analysis indicates that there is a one-way and negative relationship towards the unemployment rate. The estimation for …In this paper, the correlation between unemployment rate and real output for OECD countries was analyzed through the … application of Okun's Law and unemployment hysteresis 2007-2022. For this purpose, panel error correction, panel cointegration …

Persistent link: https://www.econbiz.de/10015047670

Firms' confidence and Okun's law in OECD countries

Mendonça, Helder Ferreira de; Oliveira, Diego Silveira … - In: Economic modelling 78 (2019), pp. 98-107

Persistent link: https://www.econbiz.de/10012198892

The impact of economic freedom on the unemployment rate in OECD nations : an exploratory study accepting the validity of Okun's Law

Cebula, Richard J.; Foley, Maggie; Capener, Don - In: Economia internazionale 68 (2015) 4, pp. 423-436

Persistent link: https://www.econbiz.de/10011428259

Sectoral Okun's Law and Cross-Country Cyclical Differences

Goto, Eiji - 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/10012841145

Sectoral Okun's law and cross-country cyclical differences

Goto, Eiji; Bürgi, Constantin - In: Economic modelling 94 (2021), pp. 91-103

Persistent link: https://www.econbiz.de/10012694726

Does unemployment responsiveness to output change depend on age, gender, education, and the phase of the business cycle?

Butkus, Mindaugas; Matuzeviciute, Kristina; Rupliene, Dovile - In: Economies : open access journal 8 (2020) 4/98, pp. 1-29

The impact of economic growth on unemployment is commonly agreed and extensively studied. However, how age and gender … apply Okun's law, aiming to estimate age-, gender- and educational attainment level-specific unemployment rate sensitivity … output change on the unemployment rate, supporting higher effects of recessions than that of expansions, we aim to enrich …

Persistent link: https://www.econbiz.de/10012312044