How do technical change and technological distance influence the size of the Okun’s Law coefficient?
Data(s) |
23/10/2013
23/10/2013
2013
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Resumo |
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 |
Identificador | |
Publicador |
University of Strathclyde University of Lille University of Perpignan Via Domitia Université de Rennes |
Relação |
SIRE DISCUSSION PAPER;SIRE-DP-2013-60 |
Palavras-Chave | #Okun’s Law #Technological frontier #Technical change #Nonlinear model |
Tipo |
Working Paper |