The relationship between output And unemployment in Malaysia: does Okun’s Law exist?
Unemployment is an important issue in developing economies. High unemployment means that labour resources are not being used efficiently. In the macroeconomic framework there is a well known relationship called Okun’s Law, which states that the negative relationship between movements of unemployment...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Faculty of Economics and Management, Universiti Putra Malaysia
2007
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/671/1/bab02.pdf |