The Output Gap and Youth Unemployment: An Analysis Based on Okun’s Law

The impact of economic fluctuations on the total unemployment rate is widely studied, however, with respect to age- and gender-specific unemployment, this relationship is not so well examined. We apply the gap version of Okun’s law, aiming to estimate youth unemployment rate sensitivity to...

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Bibliographic Details
Main Authors: Mindaugas Butkus, Janina Seputiene
Format: Article
Language:English
Published: MDPI AG 2019-11-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/7/4/108