Does Okun's law suffer from COVID-19? Evidence from Europe and the US - A Research Note
- We analyse the effect of COVID-19 on the Okun's law relationship for several EU countries and the US. Results are based on regressions and a systematic DF-Beta analysis. Our results indicate that the year 2020 is an outlier in the Okun relationship. However, the direction of change is different in the European countries compared to the US.
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| Author: | Georg Stadtmann, Jan Russnak, Lilli Zimmermann |
|---|---|
| URN: | urn:nbn:de:kobv:521-opus4-12945 |
| DOI: | https://doi.org/10.11584/opus4-1294 |
| Series (Serial Number): | Discussion papers of the Faculty of Business Administration and Economics (428) |
| Document Type: | Working Paper |
| Language: | German |
| Date of Publication (online): | 2023/06/19 |
| Publishing Institution: | Europa-Universität Viadrina Frankfurt |
| Release Date: | 2023/06/19 |
| Tag: | Covid-19; Outliers Okun's law |
| Institutes: | Wirtschaftswissenschaftliche Fakultät |
| Licence (German): |  Creative Commons - CC BY-NC-ND 3.0 - Namensnennung-Nicht kommerziell-Keine Bearbeitung |
