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Time variation in Okun’s law in Sweden

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  • Pär Österholm

Abstract

In this article we estimate an Okun’s law relationship for Sweden using a model with time-varying parameters. Employing quarterly data from 1982 to 2014, results indicate that the GDP growth needed to keep the unemployment rate unchanged in the long rung has fallen considerably over the last 10 years.

Suggested Citation

  • Pär Österholm, 2016. "Time variation in Okun’s law in Sweden," Applied Economics Letters, Taylor & Francis Journals, vol. 23(6), pages 436-439, April.
    • Handle: RePEc:taf:apeclt:v:23:y:2016:i:6:p:436-439
    DOI: 10.1080/13504851.2015.1080796
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