IDEAS home Printed from https://ideas.repec.org/a/taf/ceasxx/v71y2019i4p608-647.html
   My bibliography  Save this article

Okun's Law in the Visegrád Group Countries

Author

Listed:
  • Martin Boďa
  • Mariana Považanová

Abstract

The article assesses the empirical validity of Okun's law on the relationship between a country's unemployment and its output with a focus upon the Visegrád Group economies and upon the post-transition period from the first quarter of 2000 until the first quarter of 2016. The study also accounts for cyclical fluctuations in male and female unemployment and applies different approaches to the estimation of Okun coefficients. Fixed long-run Okun coefficients are compared to the trajectories identified under the state space approach based on the Kalman filter in an attempt to capture their possible time non-constancy. The findings cast doubt about the universal validity of Okun's law in the Visegrád countries in the investigated period.

Suggested Citation

  • Martin Boďa & Mariana Považanová, 2019. "Okun's Law in the Visegrád Group Countries," Europe-Asia Studies, Taylor & Francis Journals, vol. 71(4), pages 608-647, April.
    • Handle: RePEc:taf:ceasxx:v:71:y:2019:i:4:p:608-647
    DOI: 10.1080/09668136.2019.1598936
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09668136.2019.1598936
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09668136.2019.1598936?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ceasxx:v:71:y:2019:i:4:p:608-647. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/ceas .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.