Title of article
Okunʹs law, asymmetries and jobless recoveries in the United States: A Markov-switching approach
Author/Authors
Mark J. Holmes، نويسنده , , Brian Silverstone، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
7
From page
293
To page
299
Abstract
Prevailing Markov regime-switching approaches to asymmetries in Okunʹs law assume either asymmetry between unemployment and output across regimes or asymmetry within a regime. We combine both approaches and give an insight into the 1991 and 2001 United States ‘jobless recoveries’
Keywords
Okun’s law , Jobless recoveries , Markov-switching , Asymmetry
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
436008
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