Do Forecasters Believe in Okun's Law? : An Assessment of Unemployment and Output Forecasts /

This paper provides an assessment of the consistency of unemployment and output forecasts. We show that, consistent with Okun's Law, forecasts of real GDP growth and the change in unemployment are negatively correlated. The Okun coefficient-the responsiveness of unemployment to growth-from fore...

詳細記述

書誌詳細
第一著者: Ball, Laurence
その他の著者: Jalles, Joao Tovar, Loungani, Prakash
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2014.
シリーズ:IMF Working Papers; Working Paper ; No. 2014/024
主題:
オンライン・アクセス:Full text available on IMF