Advanced Search
MyIDEAS: Login

Okun’s Law, Creation of Money and the Decomposition of the Rate of Unemployment

Contents:

Author Info

  • Stéphane Mussard

    ()
    (GREDI, Université de Sherbrooke and GEREM, Université de Perpignan)

  • Bernard Philippe

    ()
    (GEREM, Université de Perpignan)

Abstract

In this paper, we show that the rate of unemployment in period t depends on GDP and inflation rate in period t-1. We then show that GDP is related to money creation, and subsequently that the rate of unemployment is a decreasing function of this creation.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://gredi.recherche.usherbrooke.ca/wpapers/GREDI-0620.pdf
File Function: First version, 2006
Download Restriction: no

Bibliographic Info

Paper provided by Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke in its series Cahiers de recherche with number 06-20.

as in new window
Length: 6 pages
Date of creation: 2006
Date of revision:
Handle: RePEc:shr:wpaper:06-20

Contact details of provider:
Postal: Sherbrooke, Québec, J1K 2R1
Phone: (819) 821-7233
Fax: (819) 821-6930
Email:
Web page: http://www.gredi.org/home/documents-de-travail
More information through EDIRC

Related research

Keywords: Creation of Money; Decomposition; GDP; Rate of Unemployment;

Other versions of this item:

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Mussard, Stephane & Peypoch, Nicolas, 2006. "On multi-decomposition of the aggregate Malmquist productivity index," Economics Letters, Elsevier, vol. 91(3), pages 436-443, June.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Kovács Ildikó & Marton Noémi & Patka Kinga & Páll Katalin, 2010. "The Determinats Of The Unemployment Rate - Empirical Evidence From Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 277-282, December.
  2. Mussard, Stéphane & Philippe, Bernard, 2011. "On the links between unemployment rate, monetary creation and the value-added sharing," Economic Modelling, Elsevier, vol. 28(3), pages 767-774, May.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:shr:wpaper:06-20. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Luc Savard).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.