Okun's Law across the Business Cycle and during the Great Recession: A Markov Switching Analysis
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More about this item
KeywordsOkun's law; the Great Recession; Business Cycle; Auto-regressive distributed lag; Markov Switching.;
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
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