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Age- and Gender-Specific Unemployment in Scandinavian Countries: An Analysis based on Okun’s Law

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  • Oliver Hutengs

    () (European University Viadrina, Große Scharrn Street 59, Frankfurt (Oder), 15230, Germany.)

  • Georg Stadtmann

    () (1] European University Viadrina, Große Scharrn Street 59, Frankfurt (Oder), 15230, Germany.
    2] Department of Business and Economics, University of Southern Denmark, Campusvej 55, Odense M, 5230, Denmark.)

Abstract

The paper investigates Scandinavian countries and their male and female unemployment rates. Okun’s law is used to estimate age cohort and gender-specific Okun coefficients to make inference about the business-cycle dependence of young peoples’ unemployment across Scandinavian countries. Results show that men have higher Okun coefficients in absolute terms. Thus, their unemployment rate reacts more strongly to any change in GDP.

Suggested Citation

  • Oliver Hutengs & Georg Stadtmann, 2014. "Age- and Gender-Specific Unemployment in Scandinavian Countries: An Analysis based on Okun’s Law," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(4), pages 567-580, December.
  • Handle: RePEc:pal:compes:v:56:y:2014:i:4:p:567-580
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    Cited by:

    1. Dunsch, Sophie, 2017. "Youth and gender-specific unemployment and Okun's law in Germany and Poland," Discussion Papers 397, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
    2. repec:rfe:zbefri:v:35:y:2017:i:1:p:13-44 is not listed on IDEAS
    3. Dixon, R. & Lim, G.C. & van Ours, Jan, 2016. "Revisiting Okun's Relationship," Discussion Paper 2016-010, Tilburg University, Center for Economic Research.
    4. Dunsch Sophie, 2016. "Okun’s Law and Youth Unemployment in Germany and Poland," International Journal of Management and Economics, De Gruyter Open, vol. 49(1), pages 34-57, March.
    5. Iva Tomic, 2016. "What drives youth unemployment in Europe?," Working Papers 1601, The Institute of Economics, Zagreb.
    6. Dunsch, Sophie, 2015. "Okun's law and youth unemployment in Germany and Poland," Discussion Papers 373, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.

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