Analysis of the relationship between economic growth and unemployment
�ubica Slu�n� (lubica.slusna@gmail.com)
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�ubica Slu�n�: University of Economics in Bratislava, Faculty of National Economy, Department of Economic Theory
Authors registered in the RePEc Author Service: Lubica Slusna
No 3, EAPG Working Paper Series from Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava
Abstract:
In the study we deal with two key indicators of economic development, which are economic growth and unemployment. We focus on their theoretical and practical aspects. We analyze their relationship and focus on its development in SR. The main part of the study is evaluation of the relationship between economic growth and unemployment on the basis of Okun�s law in the SR and comparison of these results with other members of EU. The last chapter contains prognosis of unemployment rate development, created on the basis of the equation derived from Okun�s law for SR.
Keywords: Economic growth; Unemployment; Okun�s law; Correlation; Gross domestic product; Labour productivity (search for similar items in EconPapers)
JEL-codes: J64 O47 O52 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2011-05-10
New Economics Papers: this item is included in nep-fdg
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Persistent link: https://EconPapers.repec.org/RePEc:brt:wpaper:003
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