Empirical Analysis of the Phillips Curve and Okun’s Law Through Simultaneous Equation Modeling: A Case Study of Pakistan.
According to the Phillips curve, there is an inverse relationship between inflation and unemployment. According to the Okun’s law, there is an inverse relationship between potential output growth and unemployment. The paper tries to check whether these interdependencies are seen in the Pakistan’s ec...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Polish Economic Society
2021-06-01
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| Series: | Ekonomista |
| Subjects: | |
| Online Access: | https://ekonomista.pte.pl/Empirical-Analysis-of-the-Phillips-Curve-and-Okun-s-Law-Through-Simultaneous-Equation,150132,0,2.html |