Results 61 to 70 of about 3,684 (183)
The Labor Market in the Great Recession [PDF]
, 2010 From the perspective of a wide range of labor market outcomes, the recession that began in 2007 represents the deepest downturn in the postwar era. Early on, the nature of labor market adjustment displayed a notable resemblance to that observed in past ...
Elsby, Mike +2 more
core +3 more sources
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
Time Variation in Okun's Law: A Canada and U.S. Comparison [PDF]
This article investigates the stability of Okun's law for Canada and the United States using a time varying parameter approach. Time variation is modeled as driftless random walks and is estimated using the median unbiased estimator approach developed by
Kimberly Beaton
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The Great Recession and Okun\u27s Law [PDF]
, 2013 Okun’s Law expresses a relationship between economic growth and changes in the unemployment rate. Recent work by Herzon (2012) and Duy (2012) provide evidence that the relationship between growth and changes in the unemployment rate may have changed as a
Nolan, Ryann
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
System Estimates of Cyclical Unemployment and Cyclical Output in the 15 European Union Member-States, 1961-1999 [PDF]
The purpose of this paper was to estimate cyclical unemployment and cyclical output in the 15 European Union member-states using a system of Phillips curve and Okun’s law equations.
Katos, A., Katsouli, E., Pallis, D.
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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
Sectorial Economic Growth and Employment in Mexico, 1996-2001 [PDF]
This paper shows the results from a study of the impact of sectorial economic growth on unemployment in Mexico for 1996-2001, by applying a disaggregate approach on data from the National Employment Survey (Encuesta Nacional de Empleo).
Aniel A. Altamirano Ogarrio +2 more
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