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GNP growth 1 Kondratiev wave 1 Long wave 1 Okun’s Law 1 Okun’s coefficient 1 harmonic analysis 1 phi 1 pi 1 steady-state rate of growth 1 the Golden Mean 1 trigonometric analysis 1 unemployment 1 unit circle 1
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Book / Working Paper 1
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Albers, Scott 1
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
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Okun’s Law as a Pi-to-1 ratio: A harmonic / trigonometric theory as to why Okun’s Law works
Albers, Scott - Volkswirtschaftliche Fakultät, … - 2013
“Okun’s Law” states a 3:1 proportion between percent growth in U. S. real GNP and percent decrease in the rate of unemployment. This paper argues that this ratio is actually a Pi:1 proportion, heretofore unrecognized because it is displayed through a form of mathematic / harmonic inverse....
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