Lemieux, Thomas; Hoffmann, Florian - National Bureau of Economic Research (NBER) - 2014
States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains … consistent with a conventional Okun relationship linking GDP growth to employment performance. In particular, relative to pre …