Okun's law: evidence for the Brazilian economy

Guilherme Tombolo () and Marcos Minoru Hasegawa

MPRA Paper from University Library of Munich, Germany

Abstract: In this article we seek to estimate the Brazilian “Okun’s law” with quarterly data ranging from 1980Q1 until 2013Q3. Considering the typical Okun's relationship, Δu=α-βg_y, where β is the Okun coefficient, we have obtained estimates of β between -0.1878 and -0.2055, such values are in general lower than the values obtained to other countries in similar studies.

Keywords: Output; Unemployment; Okun’s Law (search for similar items in EconPapers)
JEL-codes: E23 E24 E27 (search for similar items in EconPapers)
Date: 2014-04
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (3)

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https://mpra.ub.uni-muenchen.de/56388/1/MPRA_paper_56388.pdf revised version (application/pdf)

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