Okun’s Law: Output and Unemployment

descriptionPublicationkeyboard_double_arrow_right Article 01 Jan 2010Publisher:Federal Reserve Bank of St. LouisJournal:Economic Synopses, volume 2,010

Authors: Christopher J. Neely;

doi: 10.20955/es.2010.4

Okun’s Law: Output and Unemployment

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Abstract

U.S. output growth declined less than in most other industrialized countries while U.S. unemployment rose higher and faster than it did in most other major industrialized countries.

Keywords

Unemployment

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