Spelling suggestions: "subject:"kun¡¦s law"" "subject:"okun¡¦s law""
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Non-Linear Okun¡¦s law for TaiwanWu, Yi-ling 29 June 2011 (has links)
This paper apply a threshold model to examine the nonlinear relationship between economic growth and unemployment rate. The key innovation of our model is that it takes into account endogenous explanatory variables and endogenous threshold variables. Empirical results show that Okun¡¦s law is nonlinear. Among different models under consideration,the absolute value of Okun¡¦s coefficient during contraction period is larger than that during expansion period.
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Okun’s Law in the Nordics / Okuns lag i de nordiska ländernaVang, Christopher January 2021 (has links)
Okun´s law describes the empirical observation first made by Arthur Okun relating changes in an economy’s unemployment rate to changes in output. Where many earlier research papers since then focus on comparisons between countries, this paper attempts to assess whether Okun’s law is demonstrated in the five Nordic countries and analyse the relationship between unemployment and output in welfare states. The results show a significant statistical relationship and hopefully present an interesting opportunity for further research.
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