Okun's law revisited: should we worry about low unemployment?
AbstractA review of the connection between labor resource utilization and the growth/unemployment correlation summarized by Okun's law, showing that the instability of that relationship, particularly over short time horizons, has important implications for monetary policy.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Cleveland in its journal Economic Commentary.
Volume (Year): (1997)
Issue (Month): May ()
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- João Sousa Andrade, 2009. "The PIGS, does the Group Exist? An empirical macroeconomic analysis based on the Okun Law," GEMF Working Papers 2009-11, GEMF - Faculdade de Economia, Universidade de Coimbra.
- Eduardo Loría & Manuel G. Ramos., 2007. "La ley de Okun: una relectura para México, 1970-2004," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 22(1), pages 19-55.
- TURTUREAN, Ciprian Ionel, 2007.
"Legea lui Okun pentru România în perioada 1992-2004
[Okun's Law for Romania during 1992-2004]," MPRA Paper 10638, University Library of Munich, Germany.
- João Sousa Andrade, 2007. "Uma Aplicação da Lei de Okun em Portugal," GEMF Working Papers 2007-04, GEMF - Faculdade de Economia, Universidade de Coimbra.
- Guglielmo Maria Caporale & Marinko Škare, 2011.
"Employment Growth, Inflation and Output Growth: Was Phillips Right? Evidence from a Dynamic Panel,"
CESifo Working Paper Series
3502, CESifo Group Munich.
- Guglielmo Maria Caporale & Marinko Skare, 2011. "Employment Growth, Inflation and Output Growth: Was Phillips Right?: Evidence from a Dynamic Panel," Discussion Papers of DIW Berlin 1138, DIW Berlin, German Institute for Economic Research.
- Ian H.K. Leow, 2004. "A Simple Dynamic Model of Big-push," Econometric Society 2004 Australasian Meetings 218, Econometric Society.
- Edward S. Knotek & II, 2007. "How useful is Okun's law?," Economic Review, Federal Reserve Bank of Kansas City, issue Q IV, pages 73-103.
- Ivan O. Kitov, 2011.
"Okun's law revisited. Is there structural unemployment in developed countries?,"
- Kitov, Ivan, 2011. "Okun’s law revisited. Is there structural unemployment in developed countries?," MPRA Paper 32135, University Library of Munich, Germany.
- Jörg Döpke, 2001. "The "Employment Intensity" of Growth in Europe," Kiel Working Papers 1021, Kiel Institute for the World Economy.
- Kwami Adanu, 2005. "A cross-province comparison of Okun's coefficient for Canada," Applied Economics, Taylor & Francis Journals, vol. 37(5), pages 561-570.
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