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Okun’s Law in the Nordics / Okuns lag i de nordiska länderna

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.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:liu-177537
Date January 2021
CreatorsVang, Christopher
PublisherLinköpings universitet, Nationalekonomi, Linköpings universitet, Filosofiska fakulteten
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

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