On Okun’s law in OECD countries: An analysis by age cohorts

Luca Zanin

Economics Letters, 2014, vol. 125, issue 2, 243-248

Abstract: This study investigates Okun’s law in OECD countries by examining estimates for male and female age cohorts for the period 1998–2012. We find that the estimated Okun coefficients are not always statistically significant for each subgroup of the population. Our results also highlight a general common pattern of higher Okun coefficients for the youngest cohorts. This suggests that the young population, and particularly the young male population, tends to be most exposed to the business cycle in both developed and emerging OECD countries.

Keywords: Age cohorts; Economic growth; Labor market; OECD countries; Okun’s law (search for similar items in EconPapers)
JEL-codes: C23 E24 F50 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (35)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:125:y:2014:i:2:p:243-248

DOI: 10.1016/j.econlet.2014.08.030

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