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Okun’s law: a meaningful guide for monetary policy?

Author

Listed:
  • Mingyu Chen
  • Yi Wen

Abstract

Okun?s law can be a useful guide for monetary policy, but only if the natural rate of unemployment is properly measured.>

Suggested Citation

  • Mingyu Chen & Yi Wen, 2012. "Okun’s law: a meaningful guide for monetary policy?," Economic Synopses, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:fedles:y:2012:n:15
    as

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    File URL: http://research.stlouisfed.org/publications/es/12/ES_2012-06-08.pdf
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    Citations

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    Cited by:

    1. Oliva, Leobaldo Enrique Molero & Eduardo, Salcedo Muñoz Virgilio & Vásquez, John Alexander Campuzano & Copo, Holger Fabrizzio Bejarano, 2019. "Análisis econométrico del comportamiento del desempleo en el Ecuador (segundo trimestre 2007 a cuarto trimestre 2017)," Revista Tendencias, Universidad de Narino, vol. 20(2), pages 22-48, July.
    2. Raymond Hawkins, 2015. "Okun’s law and anelastic relaxation in economics," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 10(1), pages 151-161, April.
    3. Patrick M. Crowley & David Hudgins, 2021. "Okun’s law revisited in the time–frequency domain: introducing unemployment into a wavelet-based control model," Empirical Economics, Springer, vol. 61(5), pages 2635-2662, November.
    4. Michael T. Owyang & E. Katarina Vermann, 2013. "Okun's law in recession and recovery," Economic Synopses, Federal Reserve Bank of St. Louis.
    5. Samuel Huber & Jaehong Kim & Alessandro Marchesiani, 2019. "Unemployment and the demand for money," ECON - Working Papers 324, Department of Economics - University of Zurich.

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