Different asymmetries in Okun's law for 21 OECD countries over the period 1989–2019 are
studied in the paper. To this end, an extended Okun equation accommodating possibly …

A system of two dynamic spatial panel data model equations is developed in which output
growth and the change in the unemployment rate are interdependent. The parameters of the …

The impact of economic growth on unemployment is commonly agreed and extensively
studied. However, how age and gender shape this relationship is not as well explored, while …

Contribution/Originality: Even though unemployment is a serious issue in Somalia, there is
no study that has examined the determinants of unemployment. Hence, to bridge this gap …

As useful barometers of the macroeconomy, output and unemployment dynamics are
relevant for markets, policymakers and the average economic agent. This paper relaxes the …

This article is motivated by the recent debate raised on Okun's Law regarding the
divergence of the magnitude of Okun's coefficient across countries and time horizons, its …

In this paper we present evidence on the association between unemployment and output in
the G7 economies, which has direct implications for the validity of Okun's law. Specifically …

The understanding between labor dynamics and unions is a topic of great interest to
economists and policymakers. It is known that unions can influence the working conditions …

This objective of the study is to investigate the impact of economic growth on unemployment
in Nigeria, with a view to uncovering the validity or otherwise of the Okun's law. Both linear …

The paper draws attention to the fact that findings that follow from estimation of Okun's law
are extremely sensitive to methodological choices. The argument rests in a case study …