We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...

We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...

We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...

The natural rate of interest, r * , is an important input to determine the appropriate monetary policy stance. Commonly, the measurement is estimated on a single country basis, which ignores the international factors that may affect r *. However, expanding to a multiple country model adds...

In a greenhouse cooled by a fogging system, the fraction of fog that evaporates by absorbing sensible heat from the greenhouse air, β, is an essential parameter to be determined for evaluating the system performance. Recent studies estimated β under indoor conditions by collecting the...