An empirical analysis of Okun's law in the Philippines using a production function model

• Main Authors: Balmelero, Kathleen Joi E., Fajardo, James Charis G., Ortizo, Jasmine M., Panganiban, Maribeth L.
• Format: text
• Language: English
• Published: Animo Repository 2006
• Subjects: Unemployment > Philippines; Production functions (Economic theory); Gross domestic product > Philippines; Input-output analysis; Economics
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/14359
• Institution: De La Salle University

Arthur Okun's [1962] initial study uncovered the underlying negative relationship between the United States' output and unemployment. Okun's study paved the way for the establishment of one of the most stable macroeconomic relationships known as Okun's Law, which states that a fo...