Okun’s Law as a Pi-to-1 ratio: A harmonic / trigonometric theory as to why Okun’s Law works
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Keywords
Okun’s Law; Kondratiev wave; unemployment; GNP growth; Long wave; trigonometric analysis; unit circle; Okun’s coefficient; steady-state rate of growth; pi; phi; the Golden Mean; harmonic analysis;All these keywords.
JEL classification:
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
- B4 - Schools of Economic Thought and Methodology - - Economic Methodology
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
- B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
- C19 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Other
- C5 - Mathematical and Quantitative Methods - - Econometric Modeling
- E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
- E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
- E19 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Other
- E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
- P1 - Political Economy and Comparative Economic Systems - - Capitalist Economies
- P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
- Z0 - Other Special Topics - - General
- Z00 - Other Special Topics - - General - - - General
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