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Do FOMC members believe in Okun's Law? [PDF]
This paper uses data on forecasts for unemployment and GDP growth submitted by each individual FOMC member to uncover members' beliefs about Okuns's Law.
Peter Tillmann
core
, 2021 Okun´s law describes the empirical observation first made by Arthur Okun relating changes in an economy’s unemployment rate to changes in output. Where many earlier research papers since then focus on comparisons between countries, this paper attempts to assess whether Okun’s law is demonstrated in the five Nordic countries and analyse the relationship
openaire +1 more source
The role of recurrence plots in characterizing the output-unemployment relationship: an analysis. [PDF]
PLoS One, 2013 Caraiani P, Haven E.
europepmc +1 more source
Joint estimation of the natural rate of interest, the natural rate of unemployment, expected inflation, and potential output [PDF]
We jointly estimate the natural rate of interest, the natural rate of unemployment, expected inflation, and potential output for the Euro area, the United States, Sweden, Australia, and the United Kingdom.
Benati, Luca, Vitale, Giovanni
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Minding the gap : central bank estimates of the unemployment natural rate [PDF]
A time-varying parameter framework is suggested for use with real-time multiperiod forecast data to estimate implied forecast equations. The framework is applied to historical briefing forecasts prepared for the Federal Open Market Committee to estimate ...
Peter Tinsley, Sharon Kozicki
core
The Output Cost of Disinflation in Traditional and Vector Autoregressive Models [PDF]
macroeconomics, vector autoregressive model ...
Robert J. Gordon, Stephen R. King
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The Golden Mean, the Arab Spring and a 10-step analysis of American economic history [PDF]
The Long-Wave theories of Nikolai Kondratiev and others claim to find mathematic waves in economic and other social data which are at present in dispute.
Albers, Andrew L., Albers, Scott
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