Arbeitspapier

Age effects in the Okun's law within the Eurozone

We estimate Okun coefficients for five different age cohorts for several Eurozone countries. We find a stable pattern for all countries: The relationship between business-cycle fluctuations and the unemployment rate is the strongest for the youngest cohort and gets smaller for the elderly cohorts.

Language
Englisch

Bibliographic citation
Series: Discussion Paper ; No. 322

Classification
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
International Relations, National Security, and International Political Economy: General
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Subject
Okun's law
labor market
youth unemployment

Event
Geistige Schöpfung
(who)
Hutengs, Oliver
Stadtmann, Georg
Event
Veröffentlichung
(who)
European University Viadrina, Department of Business Administration and Economics
(where)
Frankfurt (Oder)
(when)
2012

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hutengs, Oliver
  • Stadtmann, Georg
  • European University Viadrina, Department of Business Administration and Economics

Time of origin

  • 2012

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