Challenges of the Output-Employment Growth Imbalance in Transition Economies

The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as Okun’s law. However, in transition and emerging markets economies’ context, the output-employment nexus has a much more important role as these countries strive to significantly improv...

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Bibliographic Details
Main Authors: Mihajlović Vladimir, Marjanović Gordana
Format: Article
Language:English
Published: Sciendo 2021-06-01
Series:Naše Gospodarstvo
Subjects:
Online Access:https://doi.org/10.2478/ngoe-2021-0007