Dynamic analysis of the relation between economic cycle and unemployment cycle: a regional application
The Okun law for Andalusia and Spain is estimated using quarterly data (1984-2000). We take a VAR approach that allows us to unveil the different dynamic behaviour of the relationship between the output gap and the unemployment gap in the two economies, as well as the asymmetric nature of that relat...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
AECR
2003-01-01
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| Series: | Investigaciones Regionales - Journal of Regional Research |
| Subjects: | |
| Online Access: | http://www.aecr.org/images/ImatgesArticles/2007/08_Perez_Rod.pdf |