Sectoral Okun’s Law and Cross-Country Cyclical Differences

Eiji Goto; Constantin Bürgi

doi:10.1016/J.ECONMOD.2020.08.016

Sectoral Okun’s Law and Cross-Country Cyclical Differences

Eiji Goto
, Constantin Bürgi

Research output: Contribution to journal › Article › peer-review

Original language	American English
Journal	Economic Modelling
DOIs	https://doi.org/10.1016/J.ECONMOD.2020.08.016
State	Published - Sep 4 2020
Externally published	Yes

Disciplines

Economics
Econometrics

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@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",

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TY - JOUR

T1 - Sectoral Okun’s Law and Cross-Country Cyclical Differences

AU - Goto, Eiji

AU - Bürgi, Constantin

N1 - 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.

PY - 2020/9/4

Y1 - 2020/9/4

UR - https://ideas.repec.org/p/gwc/wpaper/2019-002.html

U2 - 10.1016/J.ECONMOD.2020.08.016

DO - 10.1016/J.ECONMOD.2020.08.016

M3 - Article

JO - Economic Modelling

JF - Economic Modelling

ER -

Sectoral Okun’s Law and Cross-Country Cyclical Differences

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