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