02134cas a2200337 a 4500 AALejournalIMF022168 230101c9999 xx r poo 0 0eng d 5.00 USD 9781616356040 1018-5941 BD-DhAAL BD-DhAAL An, Zidong. Okun's Law, Development, and Demographics : Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups / Zidong An, John Bluedorn, Gabriele Ciminelli. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (22 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The negative and stable relationship between an economy's aggregate demand conditions and overall unemployment is well-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and developing economies. Second, youth's unemployment is twice as sensitive as that of adults'. Third, women's unemployment is significantly less sensitive to demand than men's in advanced economies. These findings point to the highly unequal impacts of the business cycle across worker and economy groups. Mode of access: Internet Aggregate Human Capital imf Aggregate Labor Productivity imf Employment imf Intergenerational Income Distribution imf Unemployment imf Wages imf Bluedorn, John. Ciminelli, Gabriele. IMF Working Papers; Working Paper ; No. 2021/270 Full text available on IMF http://elibrary.imf.org/view/journals/001/2021/270/001.2021.issue-270-en.xml IMF e-Library