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Age- and Gender-Specific Unemployment and Okun’s Law in CEE Countries

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  • Sophie Dunsch

Abstract

Unemployment rates, especially youth unemployment rates, have increased in various countries of Europe over the last years. This article examines age- and gender-specific unemployment rates in Central and Eastern European countries by using Okun’s law. It tests the hypothesis that young people are more vulnerable to business cycle fluctuations. Gender- and age-specific Okun coefficients for ten different countries plus the EU-15 are estimated. The results show that young people in the CEE countries are predominantly more sensitive to business cycle fluctuations, independent of gender.

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  • Sophie Dunsch, 2017. "Age- and Gender-Specific Unemployment and Okun’s Law in CEE Countries," Eastern European Economics, Taylor & Francis Journals, vol. 55(4), pages 377-393, July.
    • Handle: RePEc:mes:eaeuec:v:55:y:2017:i:4:p:377-393
    DOI: 10.1080/00128775.2017.1338962
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    References listed on IDEAS

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    1. Berlingieri, Francesco & Bonin, Holger & Sprietsma, Maresa, 2014. "Youth unemployment in Europe: Appraisal and policy options," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 110578.
    2. Michael C. Burda, 2016. "The German Labor Market Miracle, 2003 -2015: An Assessment," SFB 649 Discussion Papers SFB649DP2016-005, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
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    Cited by:

    1. Albena Vutsova & Martina Arabadzhieva, 2022. "Three Eastern Cases of Youth Unemployment Trends – Bulgaria, Romania, Serbia," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 94-110.
    2. Bod’a, Martin & Považanová, Mariana, 2021. "Output-unemployment asymmetry in Okun coefficients for OECD countries," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 307-323.
    3. Beata Bal-Domańska, 2022. "The impact of macroeconomic and structural factors on the unemployment of young women and men," Economic Change and Restructuring, Springer, vol. 55(2), pages 1141-1172, May.
    4. Mindaugas Butkus & Kristina Matuzeviciute & Dovile Rupliene & Janina Seputiene, 2020. "Does Unemployment Responsiveness to Output Change Depend on Age, Gender, Education, and the Phase of the Business Cycle?," Economies, MDPI, vol. 8(4), pages 1-29, November.

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