A method for the gender disaggregation of Okun's law
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Dátum
2026
Autori
Názov časopisu
ISSN časopisu
Názov zväzku
Vydavateľ
Springer Nature : Heidelberg
ISBN
ISSN
1612-4804
1612-4812
1612-4812
Abstrakt
For the case of a slowly time-varying Okun’s law, the paper proposes a method to identify male and female Okun coefficients based upon the trajectory of the economy-wide Okun coefficient. The method rests upon a disaggregation principle that requires that gender-specific Okun coefficients be in “accounting” agreement with economy-wide Okun coefficients, which is not recognized in conventional applications. Albeit equally applicable also for the difference version of Okun’s law, the method is demonstrated with the more general gap version for the Group of Seven (G7) economies over a period 1991–2022. The demonstration reveals that the conventional approach often leads to implausible trajectories of Okun coefficients and that the unemployment-output nexus for the past three decades did not have constant features. Furthermore, male unemployment need not be universally more exposed to the business cycle, but gender sensitivity may alternate over time with a little difference between males and females.
Popis
In: International economics and economic policy = IEEP. Heidelberg : Springer Nature, 2026. ISSN 1612-4804. Vol. 23, no. 2 (2026), pp. [1-19].
Kľúčové slová
Okunov zákon, Okun's law, rodové rozdiely, gender differences, Okunov koeficient, dezagregácia územia
Výstup z projektu
VEGA 1/0346/25 Ekonometrické odhadovanie dynamických modelov fiškálnej a monetárnej stabilizačnej politiky
Citácia
Práva a licenčné podmienky
CC BY Creative Commons Attribution 4.0 International
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess