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Is Okun's law still valid in France?


This paper analyzes the Okun's law in France, over the 1982-2021 period. We find that the variation in Gross Domestic Product (GDP) implies a variation in unemployment with a coefficient of 1 : 3. We furthermore analyze the impact of a GDP shock on unemployment with a VAR model.
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hal-03678747 , version 1 (25-05-2022)


  • HAL Id : hal-03678747 , version 1


Muhammed Selcuk Kok. Is Okun's law still valid in France?. 2022. ⟨hal-03678747⟩
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