Okun's Law, Development, and Demographics : Differences in the Cyclical Sensitivities of Unemployment Across Economy and Worker Groups /

The negative and stable relationship between an economy's aggregate demand conditions and overall unemployment is well-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and economy groups. First, unemployment is more th...

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Detalhes bibliográficos
Autor principal: An, Zidong
Outros Autores: Bluedorn, John, Ciminelli, Gabriele
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2021.
coleção:IMF Working Papers; Working Paper ; No. 2021/270
Assuntos:
Acesso em linha:Full text available on IMF