Age- and Gender-Specific Unemployment in Scandinavian Countries: An Analysis based on Okun’s Law

Oliver Hutengs () and Georg Stadtmann ()
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Oliver Hutengs: European University Viadrina, Große Scharrn Street 59, Frankfurt (Oder), 15230, Germany.
Georg Stadtmann: 1] European University Viadrina, Große Scharrn Street 59, Frankfurt (Oder), 15230, Germany.

Comparative Economic Studies, 2014, vol. 56, issue 4, 567-580

Abstract: The paper investigates Scandinavian countries and their male and female unemployment rates. Okun’s law is used to estimate age cohort and gender-specific Okun coefficients to make inference about the business-cycle dependence of young peoples’ unemployment across Scandinavian countries. Results show that men have higher Okun coefficients in absolute terms. Thus, their unemployment rate reacts more strongly to any change in GDP.

Date: 2014
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