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Original Articles

Functional form in regression models of Okun's law

Pages 607-609 | Published online: 05 Oct 2010

References

  • Adams , C. and Coe , D. T. 1989 . A systems approach to estimating the natural rate of unemplovment and potential output for the United States , IMF Working Paper, 89/89
  • Gordon , R. J. 1984 . Unemployment and potential output in the 1980s . Brookings Papers on Economic Activity , : 537 – 568 .
  • Gordon , R. J. 1987 . Macroeconomics, , 4th edn , Boston, MA : Little, Brown .
  • Kmenta , J. 1986 . Elements of Econometrics, , 2nd edn , New York : Macmillan .
  • Okun , A. M. Potential GNP: its measurement and significance, in American Statistical Association . Proceedings of the Business and Economics Statistics Section . Washington, DC : Brookings Institution . reprinted with slight changes in Arthur M. Okun, the Political Economy of Prosperity
  • Prachowny , M. F. J. 1993 . Okun's law: theoretical foundations and revised estimates . Review of Economics and Statistics , 75 : 331 – 336 .

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