• The heterogeneity of Okun’s law: A metaregression analysis

    Porras-Arena, M. S., & Martín-Román, Á. L. (2023). The heterogeneity of Okun’s law: A metaregression analysis. Economic Modelling, 106490. https://doi.org/10.1016/j.econmod.2023.106490 Resumen: Okun’s law, a significant parameter in empirical research and policy analysis, faces considerable heterogeneity. This stems from its dual interpretation in the literature, with one implying unemployment’s effects on output and the other suggesting output’s effects on unemployment. Consequently, comparing results from these approaches is not straightforward. Even within each […]