Malley, J. and Molana, H. (2008) Output, unemployment and Okun's Law: some evidence from the G7. Economics Letters, 101(2), pp. 113-115. (doi: 10.1016/j.econlet.2008.06.013)
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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.
| Item Type: | Articles |
|---|---|
| Status: | Published |
| Refereed: | Yes |
| Glasgow Author(s) Enlighten ID: | Malley, Professor Jim |
| Authors: | Malley, J., and Molana, H. |
| Subjects: | H Social Sciences > HB Economic Theory |
| College/School: | College of Social Sciences > Adam Smith Business School > Economics |
| Journal Name: | Economics Letters |
| ISSN: | 0165-1765 |
| Published Online: | 04 July 2008 |
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