Okun's law, creation of money and the decomposition of the rate of unemployment

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 102
Issue: 1
Pages: 7-9

Authors (2)

Mussard, Stéphane (Université de Nîmes) Philippe, Bernard (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The rate of unemployment in period t depends on GDP and inflation rate in period t - 1. We then show that GDP is related to money creation, and subsequently that the rate of unemployment is a decreasing function of this creation.

Technical Details

RePEc Handle
repec:eee:ecolet:v:102:y:2009:i:1:p:7-9
Journal Field
General
Author Count
2
Added to Database
2026-01-26