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Age- and Gender-Specific Unemployment in Scandinavian Countries: An Analysis based on Okun’s Law

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  • Oliver Hutengs

    (European University Viadrina, Große Scharrn Street 59, Frankfurt (Oder), 15230, Germany.)

  • Georg Stadtmann

    (1] European University Viadrina, Große Scharrn Street 59, Frankfurt (Oder), 15230, Germany.
    2] Department of Business and Economics, University of Southern Denmark, Campusvej 55, Odense M, 5230, Denmark.)

Abstract

The paper investigates Scandinavian countries and their male and female unemployment rates. Okun’s law is used to estimate age cohort and gender-specific Okun coefficients to make inference about the business-cycle dependence of young peoples’ unemployment across Scandinavian countries. Results show that men have higher Okun coefficients in absolute terms. Thus, their unemployment rate reacts more strongly to any change in GDP.

Suggested Citation

  • Oliver Hutengs & Georg Stadtmann, 2014. "Age- and Gender-Specific Unemployment in Scandinavian Countries: An Analysis based on Okun’s Law," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(4), pages 567-580, December.
    • Handle: RePEc:pal:compes:v:56:y:2014:i:4:p:567-580
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    Citations

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    Cited by:

    1. Umba Nsabimana, 2023. "Okun's law: Place-of-birth-specific unemployment in Sweden," Economics Bulletin, AccessEcon, vol. 43(3), pages 1539-1547.
    2. Robert Dixon & G. C. Lim & Jan C. van Ours, 2017. "Revisiting the Okun relationship," Applied Economics, Taylor & Francis Journals, vol. 49(28), pages 2749-2765, June.
    3. Gina Cristina Dimian & Liviu Stelian Begu & Josef Jablonsky, 2017. "Unemployment and labour market mismatch in the European Union Countries," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 35(1), pages 13-44.
    4. Porras-Arena, M. Sylvina & Martín-Román, Ángel L., 2023. "The heterogeneity of Okun's law: A metaregression analysis," Economic Modelling, Elsevier, vol. 128(C).
    5. Bod’a, Martin & Považanová, Mariana, 2021. "Output-unemployment asymmetry in Okun coefficients for OECD countries," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 307-323.
    6. Mustafa Şit, 2024. "The Relationship Between Unemployment and Economic Growth in Selected Large Emerging Countries: A Revisit Using Threshold Regression Analysis," Journal of Economic Policy Researches, Istanbul University, Faculty of Economics, vol. 11(1), pages 76-85, January.
    7. Dunsch Sophie, 2016. "Okun’s Law and Youth Unemployment in Germany and Poland," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 49(1), pages 34-57, March.
    8. Dunsch, Sophie, 2017. "Youth and gender-specific unemployment and Okun's law in Germany and Poland," Discussion Papers 397, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
    9. Luigi Bonaventura & Roberto Cellini & Mario Sambataro, 2020. "Gender differences in the Okun's law across the Italian regions," Economics Bulletin, AccessEcon, vol. 40(4), pages 2780-2789.
    10. T. V. Blinova & V. A. Rusanovskii & V. A. Markov, 2021. "Estimating the Impact of Economic Fluctuations on Unemployment in Russian Regions Based on the Okun Model," Studies on Russian Economic Development, Springer, vol. 32(1), pages 103-110, January.
    11. Ondřej Dvouletý & Martin Lukeš & Mihaela Vancea, 2020. "Individual-level and family background determinants of young adults’ unemployment in Europe," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 47(2), pages 389-409, May.
    12. Iva Tomic, 2016. "What drives youth unemployment in Europe?," Working Papers 1601, The Institute of Economics, Zagreb.
    13. Dunsch, Sophie, 2015. "Okun's law and youth unemployment in Germany and Poland," Discussion Papers 373, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
    14. Laura Dargenyte-Kacileviciene & Mindaugas Butkus & Kristina Matuzeviciute, 2022. "Gender-, Age- and Educational Attainment Level-Specific Output–Employment Relationship and Its Dependence on Foreign Direct Investment," Economies, MDPI, vol. 10(11), pages 1-25, October.
    15. Iva TOMIĆ, 2018. "What drives youth unemployment in Europe? Economic vs non‐economic determinants," International Labour Review, International Labour Organization, vol. 157(3), pages 379-408, September.

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