Age effects in the Okun's law within the Eurozone

Oliver Hutengs and Georg Stadtmann

No 322, Discussion Papers from European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics

Abstract: We estimate Okun coefficients for five different age cohorts for several Eurozone countries. We find a stable pattern for all countries: The relationship between business-cycle fluctuations and the unemployment rate is the strongest for the youngest cohort and gets smaller for the elderly cohorts.

Keywords: Okun's law; labor market; youth unemployment (search for similar items in EconPapers)
JEL-codes: C23 E24 F50 (search for similar items in EconPapers)
Date: 2012
New Economics Papers: this item is included in nep-age and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:euvwdp:322

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