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Testing the Validity of Okun’s Law in Algeria: Is there a difference between Maki’s Cointegration and Quantile’s Regression Results?

Author

Listed:
  • Chenini Moussa

    (1 Higher School of Management – Tlemcen – MIFMA laboratory, Algeria)

  • Ayad Hicham

    (2 University Centre of Maghnia, Tlemcen, Algeria ; e-mail: a_hichem210@hotmail.fr)

  • Attouchi Manel

    (3 Djillali Liabes University of Sidi Bel Abbes, Department of Economics, Algeria)

  • Dahmani Mohamed Driouche

    (4 Djillali Liabes University of Sidi Bel Abbes, Department of Economics, Algeria ; e-mail: mohammed.dahmani@univ-sba.dz)

Abstract

This paper examines the existence of Okun’s law in Algeria over the period of 1970–2020 using both the gap and differences model.

Suggested Citation

  • Chenini Moussa & Ayad Hicham & Attouchi Manel & Dahmani Mohamed Driouche, 2023. "Testing the Validity of Okun’s Law in Algeria: Is there a difference between Maki’s Cointegration and Quantile’s Regression Results?," Folia Oeconomica Stetinensia, Sciendo, vol. 23(1), pages 42-63, June.
    • Handle: RePEc:vrs:foeste:v:23:y:2023:i:1:p:42-63:n:5
    DOI: 10.2478/foli-2023-0003
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    References listed on IDEAS

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    More about this item

    Keywords

    Okun’s law; Unemployment; Output growth; Maki cointegration; Asymmetric causality tests; Quantile regression;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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