Construct · 1 fields · 1 citations

Okun's law: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Macroeconomics

the empirical relationship linking changes in the unemployment rate to deviations of output growth from its potential.

In macroeconomics, Okun's law refers to the empirical relationship linking changes in the unemployment rate to deviations of output growth from its potential. This meaning comes from Ball (2017) in Journal of Money, Credit and Banking.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how Okun's law sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

credit2 fields · 2 citationsjingle · one word, two constructs growth4 fields · 4 citationsjingle · one word, four constructs potential4 fields · 4 citationsjingle · one word, four constructs

References

Ball, L., Leigh, D., & Loungani, P. (2017). Okun's Law: Fit at 50? Journal of Money, Credit and Banking, 49(7), 1413-1441. https://doi.org/10.1111/jmcb.12420

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct