Potential output in theory and practice: a revision and update of Okun's original method

C Fontanari, A Palumbo, C Salvatori - Structural Change and Economic …, 2020 - Elsevier
This paper challenges the mainstream view of potential output and enquires into the
supposed effects of Great Recession on potential growth. We identify in the demand-led …

[HTML][HTML] The heterogeneity of Okun's law: A metaregression analysis

MS Porras-Arena, ÁL Martín-Román - Economic Modelling, 2023 - Elsevier
Okun's law, a significant parameter in empirical research and policy analysis, faces
considerable heterogeneity. This stems from its dual interpretation in the literature, with one …

The updated Okun method for estimation of potential output with alternative measures of labor underutilization

C Fontanari, A Palumbo, C Salvatori - Structural Change and Economic …, 2022 - Elsevier
This paper extends the Updated Okun Method (UOM) for estimation of potential output
proposed in Fontanari et al.(2020), which, from a demand-led growth perspective, regards …

From Potential GDP to Structural Balance: A Theoretical Reassessment and New Evidence for Italy

G Carnazza, C Fontanari, P Liberati… - Review of Political …, 2023 - Taylor & Francis
ABSTRACT Since the Maastricht Treaty, increasingly complex fiscal rules have been
progressively introduced aimed at closely regulating and deeply affecting the budgetary …

Okun's law and long term co-integration analysis for OECD countries (1987-2012)

B Kargi - International Research Journal of Finance and …, 2014 - papers.ssrn.com
Even though, there are so many so long discussions on the relation between population
increase and economic growth, today, general opinion tends to believe that there is a direct …

Unemployment and sectoral competitiveness in Southern European Union countries. Facts and policy implications

GC Dimian, MI Aceleanu, BV Ileanu… - Journal of Business …, 2018 - journals.vilniustech.lt
This article addresses the problem of the main factors driving sectoral unemployment in the
Mediterranean countries most affected by this phenomenon. The choice of the four countries …

Okun's Law and long term co-integration analysis for OECD countries (1987-2012)

B Kargı - EMAJ: Emerging Markets Journal, 2016 - emaj.pitt.edu
Even though, there are so many so long discussions on the relation between population
increase and economic growth, today, general opinion tends to believe that there is a direct …

Modelling the Okun's Law in the midst of Structural Breaks: Evidence from Nigeria

M Iyoboyi, A Sabitu, SF Okereke - Journal of Indonesian Applied …, 2024 - jiae.ub.ac.id
This objective of the study is to investigate the impact of economic growth on unemployment
in Nigeria, with a view to uncovering the validity or otherwise of the Okun's law. Both linear …

[PDF][PDF] Okun's Law: An empirical investigation into Eurozone growth and unemployment

S Garavan - The Student Economic Review, 2017 - tcd.ie
The financial crisis has had a profound impact on the Eurozone in terms of monetary and
fiscal policy. In this econometric investigation, Stephen Garavan examines whether the …

Labour productivity in Italian regions: A gravitational model approach

K Filipowicz, O Kelebaj, T Tokarski - Economics and Business Review, 2024 - sciendo.com
The aim of the paper is to assess the causes of spatial variations in labour productivity of
Italian regions using the gravitational model of economic growth. The model is an extension …