Does Okun’s Law explain the relationship between economic growth and unemployment in Nigeria?
Okun (1962) statistically established a negative association between growth and unemployment. This is known as Okun’s Law. This paper investigates, if Okun’s law holds in Nigeria considering the nature of its system of governance, and the study employs an ARDL bounds test approach using data coverin...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2019
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| Online Access: | http://journalarticle.ukm.my/14145/1/jeko_53%283%29-12.pdf |