@article{479cbc5297bc417dbd8c205d04f0c84f,
title = "Sectoral Okun{\textquoteright}s Law and Cross-Country Cyclical Differences",
author = "Eiji Goto and Constantin B{\"u}rgi",
note = "Downloadable! We estimate Okun's law at the sectoral level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coefficients are different across countries. Specifically, we show that the sectoral composition is not a driver and find that the sectoral coefficients are proportional to the aggregate in all four countries.",
year = "2020",
month = sep,
day = "4",
doi = "10.1016/J.ECONMOD.2020.08.016",
language = "American English",
journal = "Economic Modelling",
}