Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/273065 
Year of Publication: 
2023
Series/Report no.: 
Discussion Paper No. 428
Publisher: 
European University Viadrina, Department of Business Administration and Economics, Frankfurt (Oder)
Abstract: 
We analyse the effect of COVID-19 on the Okun's law relationship for several EU countries and the US. Results are based on regressions and a systematic DF-Beta analysis. Our results indicate that the year 2020 is an outlier in the Okun relationship. However, the direction of change is different in the European countries compared to the US.
Subjects: 
Okun's law
Covid-19
Outliers
JEL: 
E30
J60
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Working Paper

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