Munich Personal RePEc Archive

Estimation of Okun Coefficient for Algeria

KORI YAHIA, Abdellah (2018): Estimation of Okun Coefficient for Algeria.

[img]
Preview
PDF
MPRA_paper_83707.pdf

Download (1MB) | Preview

Abstract

The objective of this paper is to investigate the presence of Okun’s (1962) relationship for Algeria for the 1970- 2015 period. Two methodologies are employed to estimate the Okun coefficient: An Autoregressive Distributed Lag (ARDL) linear model and a Bayesian Normal Linear Regression model. The results indicate an Okun coefficient of about -0.2 which suggests some rigidity of the labour market in Algeria.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.