The validity of Okun’s Law: Evidences from Indian economy

Unemployment is one of the most prominent issues being faced by developing countries especially India. Unemployment means productive resources not being utilized at all, which results low growth rate in real GDP. In macroeconomic terminology this relationship is called as Okun’s Law. The main aim of...

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Bibliographic Details
Main Authors: Tariq Ahmad BHAT, Tariq Ahmad LONE, Towseef Mohi Ud DIN
Format: Article
Language:English
Published: General Association of Economists from Romania 2019-12-01
Series:Theoretical and Applied Economics
Subjects:
gdp
Online Access: http://store.ectap.ro/articole/1434.pdf