Okun's Law : Fit at 50? /

This paper asks how well Okun's Law fits short-run unemployment movements in the United States since 1948 and in twenty advanced economies since 1980. We find that Okun's Law isa strong and stable relationship in most countries, one that did not change substantiallyduring the Great Recessi...

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Bibliographic Details
Main Author: Ball, Laurence
Other Authors: Leigh, Daniel, Loungani, Prakash
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/010
Online Access:Full text available on IMF

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