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Okun's law: output and unemployment

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Abstract

U.S. output growth declined less than in most other industrialized countries while U.S. unemployment rose higher and faster than it did in most other major industrialized countries.

Suggested Citation

  • Christopher J. Neely, 2010. "Okun's law: output and unemployment," Economic Synopses, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:fedles:y:2010:n:4
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    File URL: http://research.stlouisfed.org/publications/es/10/ES1004.pdf
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    Cited by:

    1. Costas KARFAKIS & Constantinos KATRAKILIDIS & Eftychia TSANANA, 2014. "Does output predict unemployment? A look at Okun's law in Greece," International Labour Review, International Labour Organization, vol. 153(3), pages 421-433, September.
    2. Durech, Richard & Minea, Alexandru & Mustea, Lavinia & Slusna, Lubica, 2014. "Regional evidence on Okun's Law in Czech Republic and Slovakia," Economic Modelling, Elsevier, vol. 42(C), pages 57-65.
    3. Suppanunta Romprasert, 2013. "Asian Economic Community with Selected Macroeconomic Variables for Exports Sustainability," International Journal of Economics and Financial Issues, Econjournals, vol. 3(3), pages 602-605.
    4. Casto Montero Kuscevic, 2014. "Okun’s law and urban spillovers in US unemployment," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 53(3), pages 719-730, November.
    5. João Tovar Jalles, 2019. "On the Time‐Varying Relationship between Unemployment and Output: What shapes it?," Scottish Journal of Political Economy, Scottish Economic Society, vol. 66(5), pages 605-630, November.

    More about this item

    Keywords

    Unemployment;

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