How do technical change and technological distance influence the size of the Okun’s Law coefficient?

Roger Perman, Jean-Philippe Boussemart, Briec Walter and Christophe, Tavéra
Authors registered in the RePEc Author Service: Christophe Tavera ()

No 2013-60, SIRE Discussion Papers from Scottish Institute for Research in Economics (SIRE)

Abstract: How does technical change influence the size of the Okun’s Law coefficient? Using a nonlinear version of Okun’s Law augmented with technical change and technological distance, we show that the impact of output movements on unemployment variations is influenced by the imitation or innovation origins of technical change

Keywords: Okun’s Law; Technological frontier; Technical change; Nonlinear model (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-gro
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Citations: View citations in EconPapers (1)

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