Seip, Knut Lehre; Zhang, Dan - In: Economies : open access journal 10 (2022) 10, pp. 1-16
replaced the United States UE with employment (EM) for the years 1977 to 2021 and examined how employment changed relative to …, except the 2020 recession. (ii) The βE(9) = GDP/EM for rolling ordinary linear regression over 9 months decreases just after … a recession and then recovers over 2- to 4-year periods. (iii) The two series showing that EM → GDP and βE(9) < 0 …
