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Autor:innen: 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
KOF Working Papers No. 357
Verlag: 
ETH Zurich, KOF Swiss Economic Institute, Zurich
Zusammenfassung: 
Okun's Law postulates a stable relationship between quarterly output growth and changes in (un)employment. This proposition has so far been tested with macroeconomic data at the highest level of aggregation. The paper goes beyond that in extending the analysis to industry data from Switzerland, applying a method suggested by the International Monetary Fund. Another focus is on whether expansions in production have become more 'jobless' over the most recent business cycle compared to earlier on. This does not seem to be the case in Switzerland, except in the construction industry.
Schlagwörter: 
Okun's Law
Jobless growth
Industry data
Switzerland
JEL: 
C22
E12
E20
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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