Okun's coefficient: A comment

被引：38

作者：

Attfield, CLF ^{[1
]}

Silverstone, B ^{[1
]}

机构：

[1] UNIV WAIKATO, HAMILTON, NEW ZEALAND

来源：

REVIEW OF ECONOMICS AND STATISTICS | 1997年 / 79卷 / 02期

关键词：

D O I：

10.1162/003465397556692

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper reassesses a finding by Martin Prachowny (1993) that the value of the Okun coefficient for the United States (linking unemployment changes to output changes) is only around -0.67 rather than around the more typical value of -2.25. Using a cointegration framework, and the same data sets as Prachowny, we find, for one of the data sets, that the Okun coefficient is much closer to a value of -2.25, which supports previous research work.

引用

页码：326 / 329

页数：4

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[2]

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