Results 71 to 80 of about 1,914 (193)
Economic Affairs, Volume 45, Issue 2, Page 289-312, June 2025.Abstract This article expands Milton Friedman's spending matrix to analyse ‘spending efficiency’ and ‘preference compatibility’ across different economic systems against five key outcome criteria. By generalising Friedman's typology, it compares efficiency and freedom as systems shift from laissez‐faire capitalism to communism, illustrating a gradual ...
Ali Zeytoon‐Nejad
wiley +1 more source
Is Okun’s Law Valid in Romanian Economy? An Empirical Approach of Unemployment Rate and GDP Relation from 2000 to 2018 [PDF]
Ovidius University Annals: Economic Sciences Series, 2018 Economic growth and the level of employment are two key factors that economists should consider when analyzing different economic aspects. In this article, we focus on the relation between the growth of unemployment rate and the growth of real gross ...
Lipară Daniel +2 more
doaj
Robust Estimates of Okun's Coefficient for South Africa [PDF]
Persistently high unemployment in South Africa, especially in the face of improved economic conditions since 1994, begs the question: Does unemployment in South Africa respond to changes in output?
J. Geldenhuys, M. Marinkov
core +1 more source
Public Perceptions of the Administrative Values Tradeoff: Bureaucratic and Democratic Ethos
Public Administration, Volume 103, Issue 2, Page 630-650, June 2025.ABSTRACT Scholarly debate over bureaucratic and democratic values has been one of the fundamental questions in the field of public administration. Despite a volume of theoretical discussions, we know little about how the general public cares about these two sets of administrative values in practice.
Suyeon Jo, Kenneth J. Meier
wiley +1 more source
Modelling the Okun’s Law in the midst of Structural Breaks: Evidence from Nigeria
Journal of Indonesian Applied EconomicsThis objective of the study is to investigate the impact of economic growth on unemployment in Nigeria, with a view to uncovering the validity or otherwise of the Okun’s law. Both linear and non-linear specifications were considered, using quarterly data
Martins Iyoboyi +2 more
doaj +1 more source
The Relationship between Unemployment and Output Cycles in Korea [PDF]
This paper** addresses the problem of Okun's coefficient for the Korean economy. By running regressions between the unemployment and employment variables cycles and the economic activity cycles, I find that Okun's Law has held in Korea in the last ...
Caraiani, Petre
core
Investigaciones Regionales - Journal of Regional ResearchOfficial statistics indicated a break in Okun’s law in all the Spanish regions due to the COVID-19 pandemic; however, herein, evidence of the validity of the law is shown. The temporary layoff procedures (ERTEs) allowed many workers to maintain their jobs.
M. Sylvina Porras-Arena +3 more
doaj +1 more source
Okun's Law for Romania during 1992-2004 [PDF]
In this article the author examines, based on the inflation rate and unemployment rate registered in Romania during 1993-2004, how to show Okun's Law. Results consist of two distinct models explaining the dependency between the GDP’s growth rate of and ...
TURTUREAN, Ciprian Ionel
core +1 more source
The PIGS, does the Group Exist? An empirical macroeconomic analysis based on the Okun Law [PDF]
Will the current crisis accelerate the PIGS collapse? We approach the subject by comparing the responses of the unemployment rate to an output shock on those economies (Portugal, Italy, Greece and Spain) with those of a benchmark economy – the USA.
João Sousa Andrade
core
Employment growth, inflation and output growth: Was phillips right? Evidence from a dynamic panel [PDF]
, 2011 Copyright @ 2011 Brunel UniversityIn this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in Phillips’ tradition.
Caporale, GM, Skare, M
core +3 more sources