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Disaggregating Okun's law: decomposing the impact of the expenditure components of GDP on euro area unemployment

Robert Anderton, Ted Aranki, Boele Bonthuis and Valerie Jarvis

No 1747, Working Paper Series from European Central Bank

Abstract: This paper examines the usefulness of the Okun relationship as a JEL Classification: E2, E24, C23

Keywords: expenditure components of GDP; Okun relationship; panel econometrics; unemployment (search for similar items in EconPapers)
Date: 2014-12
New Economics Papers: this item is included in nep-eec, nep-lab and nep-mac
Note: 339014
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Handle: RePEc:ecb:ecbwps:20141747