Of Jane Austen and the secret life of econometric quantities, or as otherwise entitled on Okun's Law and the 'multiplicative inverse surprise'
Scott Albers
MPRA Paper from University Library of Munich, Germany
Abstract:
This article proposes that Okun’s Law is an empirical relationship between employment and production which, in the United States, correlates to the relationship between the radius of a circle and one-half of its circumference i.e. numerically, the ratio 1 : π. This requires two new sets of numbers, these being the set of feminine numbers (0
Keywords: Okun's Law; multiplicative inverse; United States GNP; trigonometry; Kondratiev wave; pi; phi; Golden Mean; Great Pyramid of Giza (search for similar items in EconPapers)
JEL-codes: C01 C02 E0 E00 E1 E10 E17 Y1 Y10 (search for similar items in EconPapers)
Date: 2013-02-25
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:44594
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