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- W4232024103 abstract "Okun’s law describes the empirical relationship between changes in unemployment and output at the macroeconomic level and has been regarded since its discovery by Arthur Okun (Potential GNP: its measurement and significance. In: Proceedings of the business and economics statistics. American Statistical Association, Washington, DC, p 98–104, 1962) as a building block of traditional macroeconomic models. This article discusses the interpretation of this relationship and summarizes recent developments in the econometric specification of Okun’s law." @default.
- W4232024103 created "2022-05-12" @default.
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- W4232024103 date "2008-01-01" @default.
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- W4232024103 title "Okun’s Law" @default.
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- W4232024103 doi "https://doi.org/10.1057/978-1-349-95121-5_2346-1" @default.
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