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Time variation in Okun’s law in Sweden

Pär Österholm

Applied Economics Letters, 2016, vol. 23, issue 6, 436-439

Abstract: In this article we estimate an Okun’s law relationship for Sweden using a model with time-varying parameters. Employing quarterly data from 1982 to 2014, results indicate that the GDP growth needed to keep the unemployment rate unchanged in the long rung has fallen considerably over the last 10 years.

Date: 2016
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DOI: 10.1080/13504851.2015.1080796

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