Output-unemployment asymmetry in Okun coefficients for OECD countries
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F21%3A39917594" target="_blank" >RIV/00216275:25410/21:39917594 - isvavai.cz</a>
Výsledek na webu
<a href="https://www.sciencedirect.com/science/article/pii/S0313592620304513" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0313592620304513</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.eap.2020.12.004" target="_blank" >10.1016/j.eap.2020.12.004</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Output-unemployment asymmetry in Okun coefficients for OECD countries
Popis výsledku v původním jazyce
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 differentiated responsiveness to output and unemployment fluctuations is formulated applicable not only at the level of a whole economy, but also separately to gender-specific parts of the labor market in a system framework. For most of the countries, Okun's law asserts itself with a greater magnitude in years when output recedes than in those when it grows. In nearly all the countries, Okun's law is found stronger with decreases in unemployment and weaker or offset with rising unemployment. Finally, in the majority of the countries, male unemployment is more sensitive to output fluctuations than female unemployment, or there is no significant difference whatsoever. (c) 2020 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.
Název v anglickém jazyce
Output-unemployment asymmetry in Okun coefficients for OECD countries
Popis výsledku anglicky
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 differentiated responsiveness to output and unemployment fluctuations is formulated applicable not only at the level of a whole economy, but also separately to gender-specific parts of the labor market in a system framework. For most of the countries, Okun's law asserts itself with a greater magnitude in years when output recedes than in those when it grows. In nearly all the countries, Okun's law is found stronger with decreases in unemployment and weaker or offset with rising unemployment. Finally, in the majority of the countries, male unemployment is more sensitive to output fluctuations than female unemployment, or there is no significant difference whatsoever. (c) 2020 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.
Klasifikace
Druh
J<sub>imp</sub> - Článek v periodiku v databázi Web of Science
CEP obor
—
OECD FORD obor
50202 - Applied Economics, Econometrics
Návaznosti výsledku
Projekt
—
Návaznosti
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Ostatní
Rok uplatnění
2021
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Economic Analysis and Policy
ISSN
0313-5926
e-ISSN
—
Svazek periodika
69
Číslo periodika v rámci svazku
March
Stát vydavatele periodika
NL - Nizozemsko
Počet stran výsledku
17
Strana od-do
307-323
Kód UT WoS článku
000644970300020
EID výsledku v databázi Scopus
2-s2.0-85099205637