Okun's Law : Does the Austrian unemployment-GDP relationship exhibit structural breaks?

Okun's Law postulates an inverse relationship between movements of the unemployment rate and the real gross domestic product (GDP). Empirical estimates for US data indicate that a two to three percent GDP growth rate above the natural or average GDP growth rate causes unemployment to decrease by one percentage point and vice versa....

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Year of publication:	2000
Authors:	Sögner, Leopold
Institutions:	Institut für Informationsverarbeitung und -wirtschaft <Wien>
Subject:	Permutation \| Okun-Gesetz \| Okun's Law \| Strukturbruch \| structural break

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Extent:	270336 bytes 12 p. application/pdf
Series:	Wirtschaftsuniversität Wien - Elektronische Publikationen Working Papers SFB "Adaptive Information Systems and Modelling in Economics and Management Science ; 61
Type of publication:	Book / Working Paper
Language:	English
Classification:	D83 - Search, Learning, Information and Knowledge ; D84 - Expectations; Speculations ; G10 - General Financial Markets. General ; Subject matter and research method of business administration ; Individual Working Papers, Preprints ; Austria. General Resources
Source:	USB Cologne (business full texts)

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