Ngubane, Mbongeni Zwelakhe; Mndebele, Siyabonga; … - In: Cogent economics & finance 12 (2024) 1, pp. 1-14
This study investigated the relationship between unemployment rates and economic growth, known as Okun's Law. The non-linear autoregressive distributed lags (NARDL) model was employed using quarterly time series data sampled from 2000Q1 to 2021Q4. In this model, unemployment was used as the...
