Research of the impact of business cycles on the unemployment in the countries of the European Union

Research of the impact of business cycles on the unemployment in the countries of the European Union

This paper examines the impact of business cycles on unemployment rates in EU countries. The relationship between changes in gross domestic product and changes in the unemployment rate is referred to in the academic literature as Okun’s law. This law is of particular importance and the relationship...

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Bibliographic Details
Main Authors: Karolina Krilytė, Kristina Matuzevičiūtė-Balčiūnienė
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2022-03-01
Series:Mokslas: Lietuvos Ateitis
Subjects:
business cycle
unemployment rate
European Union countries
correlation regression analysis
real gross domestic product
Online Access:https://journals.vgtu.lt/index.php/MLA/article/view/15812

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