Age- and Gender-Specific Unemployment and Okun’s Law in CEE Countries

Sophie Dunsch

Eastern European Economics, 2017, vol. 55, issue 4, 377-393

Abstract: Unemployment rates, especially youth unemployment rates, have increased in various countries of Europe over the last years. This article examines age- and gender-specific unemployment rates in Central and Eastern European countries by using Okun’s law. It tests the hypothesis that young people are more vulnerable to business cycle fluctuations. Gender- and age-specific Okun coefficients for ten different countries plus the EU-15 are estimated. The results show that young people in the CEE countries are predominantly more sensitive to business cycle fluctuations, independent of gender.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:mes:eaeuec:v:55:y:2017:i:4:p:377-393

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DOI: 10.1080/00128775.2017.1338962

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