AN EXAMINATION OF OKUN’S LAW: EVIDENCE FROM EUROPEAN TARGET COUNTRIES
In this paper Okun’s law is tested for six European selected countries in order to compare the responsiveness of unemployment to economic growth over the period 1981-2010. In the first section there is a survey of scientific works that have observed the empirical relationship between growth and un...
Main Authors: | , , , |
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Format: | Article |
Language: | deu |
Published: |
University of Oradea
2012-12-01
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Series: | Annals of the University of Oradea: Economic Science |
Subjects: | |
Online Access: | http://anale.steconomiceuoradea.ro/volume/2012/n2/034.pdf |