() and Alfred Stiassny
Leopold Soegner: Department of Economics, Vienna University of Economics & B.A.
Alfred Stiassny: Department of Economics, Vienna University of Economics & B.A.
Abstract: Okun's Law postulates an inverse relationship between movements of the unemployment rate and the real gross domestic product (GDP). In this article we investigate Okun's law for 15 OECD countries and check for its the structural stability. By using data on employment and the labor force we infer whether structural instability is caused either from the demand side or the supply side.
JEL-codes: C51 September 2000
Note: PDF Document
Full text files
Report problems with accessing this service to Sune Karlsson ().
This page generated on 2018-02-15 23:08:22.