Output, unemployment and Okun's law

Some evidence from the G7

Jim Malley, Hassan Molana

    Research output: Contribution to journalArticle

    16 Citations (Scopus)

    Abstract

    An economy may move between 'high-effort' and 'low-effort' states. Our estimates of the threshold unemployment rate which separates these states are significantly positive for G7 countries; only German data exhibit tendency to being persistently in the high-effort state. (C) 2008 Elsevier B.V. All rights reserved.

    Original languageEnglish
    Pages (from-to)113-115
    Number of pages3
    JournalEconomics Letters
    Volume101
    Issue number2
    DOIs
    Publication statusPublished - Nov 2008

    Keywords

    • Okun's law
    • Kalman filter

    Cite this

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    title = "Output, unemployment and Okun's law: Some evidence from the G7",
    abstract = "An economy may move between 'high-effort' and 'low-effort' states. Our estimates of the threshold unemployment rate which separates these states are significantly positive for G7 countries; only German data exhibit tendency to being persistently in the high-effort state. (C) 2008 Elsevier B.V. All rights reserved.",
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    author = "Jim Malley and Hassan Molana",
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    language = "English",
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    }

    Output, unemployment and Okun's law : Some evidence from the G7. / Malley, Jim; Molana, Hassan.

    In: Economics Letters, Vol. 101, No. 2, 11.2008, p. 113-115.

    Research output: Contribution to journalArticle

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    KW - Kalman filter

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