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THE CORRELATION BETWEEN UNEMPOYMENT AND REAL GDP GROWTH.A STUDY CASE ON ROMANIA

Bogdan Dumitrescu, Vasile Dedu () and Adrian Enciu

Annals of Faculty of Economics, 2009, vol. 2, issue 1, 317-322

Abstract: A sustainable rate of real GDP growth is one of the best ways to promote the rise of living standards. From a neoclassical point of view the underlying factors that affect economic growth are saving, population growth and technological progress. Unemploym

Keywords: Economic growth; Natural rate of unemployment; Okuns's law (search for similar items in EconPapers)
JEL-codes: F43 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (4)

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