Tombolo, Guilherme Alexandre and Hasegawa, Marcos Minoru (2014): Okun's law: evidence for the Brazilian economy.
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Abstract
In this article we seek to estimate the Brazilian “Okun’s law” with quarterly data ranging from 1980Q1 until 2013Q3. Considering the typical Okun's relationship, Δu=α-βg_y, where β is the Okun coefficient, we have obtained estimates of β between -0.1878 and -0.2055, such values are in general lower than the values obtained to other countries in similar studies.
Item Type: | MPRA Paper |
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Original Title: | Okun's law: evidence for the Brazilian economy |
Language: | English |
Keywords: | Output, Unemployment, Okun’s Law |
Subjects: | E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E23 - Production E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E24 - Employment ; Unemployment ; Wages ; Intergenerational Income Distribution ; Aggregate Human Capital ; Aggregate Labor Productivity E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E27 - Forecasting and Simulation: Models and Applications |
Item ID: | 54766 |
Depositing User: | MSc Guilherme Alexandre Tombolo |
Date Deposited: | 18 Apr 2014 01:18 |
Last Modified: | 10 Oct 2019 21:58 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/54766 |
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