Age effects in Okun's law within the Eurozone

O. Hutengs and G. Stadtmann

Applied Economics Letters, 2013, vol. 20, issue 9, 821-825

Abstract: We estimate Okun's 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.

Date: 2013
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DOI: 10.1080/13504851.2012.750416

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