• 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