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Okun’s law: a meaningful guide for monetary policy?

Author

Listed:
  • Mingyu Chen
  • Yi Wen

Abstract

Okun?s law can be a useful guide for monetary policy, but only if the natural rate of unemployment is properly measured.>

Suggested Citation

  • Mingyu Chen & Yi Wen, 2012. "Okun’s law: a meaningful guide for monetary policy?," Economic Synopses, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:fedles:y:2012:n:15
    as

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    File URL: http://research.stlouisfed.org/publications/es/12/ES_2012-06-08.pdf
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    Citations

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    Cited by:

    1. Oliva, Leobaldo Enrique Molero & Eduardo, Salcedo Muñoz Virgilio & Vásquez, John Alexander Campuzano & Copo, Holger Fabrizzio Bejarano, 2019. "Análisis econométrico del comportamiento del desempleo en el Ecuador (segundo trimestre 2007 a cuarto trimestre 2017)," Revista Tendencias, Universidad de Narino, vol. 20(2), pages 22-48, July.
    2. Michael T. Owyang & E. Katarina Vermann, 2013. "Okun's law in recession and recovery," Economic Synopses, Federal Reserve Bank of St. Louis.
    3. Raymond Hawkins, 2015. "Okun’s law and anelastic relaxation in economics," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 10(1), pages 151-161, April.
    4. Patrick M. Crowley & David Hudgins, 2021. "Okun’s law revisited in the time–frequency domain: introducing unemployment into a wavelet-based control model," Empirical Economics, Springer, vol. 61(5), pages 2635-2662, November.
    5. Samuel Huber & Jaehong Kim & Alessandro Marchesiani, 2019. "Unemployment and the demand for money," ECON - Working Papers 324, Department of Economics - University of Zurich.

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