components of GDP may cause different unemployment reactions, an important issue that has not been sufficiently addressed in the … study several aspects of Okun’s law in Macedonia between 2004 and 2016. Aggregate indicators show a link between output and … unemployment that is in line with other emerging markets and regional peers. We also find that the relationship has been somewhat …

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 …

This paper provides new estimates of Okun’s unemployment-output relationship in euro area countries between 1979 and … characterise the literature and that the responsiveness of output to unemployment is driven by idiosyncratic factors in both euro …

a change in potential GDP, the equilibrium unemployment rate, or the use of labor's intensive margin. …Using U.S. real-time data, we show that changes in the unemployment rate unexplained by Okun's Law have significant … predictive power for GDP data revisions. A positive (negative) error in Okun's Law in real time implies that GDP will be later …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach …

unemployment rate in Australia. Okun's law also implies a rate of output growth consistent with stable unemployment, called the …

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 …

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 …