A cross-country analysis of the Okun's Law coefficient convergence in Europe

Autor:	Roger Perman, Christophe Tavera
Přispěvatelé:	Centre de recherche en économie et management (CREM), Université de Caen Normandie (UNICAEN), Normandie Université (NU)-Normandie Université (NU)-Université de Rennes 1 (UR1), Université de Rennes (UNIV-RENNES)-Université de Rennes (UNIV-RENNES)-Centre National de la Recherche Scientifique (CNRS), University of Strathclyde [Glasgow], Louise-Rose, Naïla, Normandie Université (NU)-Normandie Université (NU)-Université de Rennes (UR)-Centre National de la Recherche Scientifique (CNRS)
Rok vydání:	2005
Předmět:	Macroeconomics Economics and Econometrics convergence 050208 finance 05 social sciences Okun's law Convergence (economics) Variance (accounting) [SHS.ECO]Humanities and Social Sciences/Economics and Finance World economy 0502 economics and business 8. Economic growth Economics Econometrics media_common.cataloged_instance European economies 050207 economics European union [SHS.ECO] Humanities and Social Sciences/Economics and Finance Okun's law coefficient Wage bargaining Cross country analysis media_common
Zdroj:	Applied Economics Applied Economics, Taylor & Francis (Routledge), 2005, 37 (21), pp.2501-2513 Applied Economics, 2005, 37 (21), pp.2501-2513
ISSN:	1466-4283 0003-6846
DOI:	10.1080/00036840500366395
Popis:	International audience; The paper examines whether or not evidence is consistent with convergence of the Okun's Law coefficient (OLC) among several alternative groupings of European economies. A two-step empirical strategy is employed. The first step obtains rolling regression estimates of the OLC for individual European countries. The second step examines how the cross-country variance of the OLC evolves over the decade until 2002 in the selected country groupings. Evidence is found consistent with convergence of the OLC among northern European countries, and among countries with centralized wage bargaining, but an absence of convergence in other country groups.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::417f73c31ac7cabe2647a9b933c94ef6 https://doi.org/10.1080/00036840500366395 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
Nepřihlášeným uživatelům se plný text nezobrazuje	K zobrazení výsledku je třeba se přihlásit.