Do professional economists' forecasts reflect Okun's law? Some evidence for the G7 countries

Christian Pierdzioch, Jan-Christoph Rulke and Georg Stadtmann

Applied Economics, 2011, vol. 43, issue 11, 1365-1373

Abstract: Using survey data for the G7 countries, we report that professional economists' forecasts of changes in the unemployment rate and the growth rate of real output are consistent with Okun's law. Professional economists do not believe in potential asymmetries in Okun's law over the business cycle. They believe in the classic linear version of Okun's law.

Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00036840802600400 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:43:y:2011:i:11:p:1365-1373

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/00036840802600400

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().