This paper challenges the mainstream view of potential output and enquires into the
supposed effects of Great Recession on potential growth. We identify in the demand-led …

We examine whether aggregate cost stickiness predicts future macro-level unemployment
rate. We incorporate aggregate cost stickiness into three different classes of forecasting …

This study employs the autoregressive distributed lag (ARDL) bounds testing technique to
examine whether Okun's law exists in Nigeria during 1970-2014. In addition, this study …

This paper documents multivariate forecast disagreement among professional forecasters
and discusses implications for models of heterogeneous expectation formation …

This research is an in-depth examination of the link between the unemployment rate and
output growth in Pakistan. The study begins with a background discussion of Okun's law, the …

This article examines the responsiveness of changes in the unemployment rate to changes
in output for Brazil, Russia, India, China, and South Africa (BRICS) using aggregate and …

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 …

Using a newly assembled 50-country firm-level database spanning 19 years, we document
a bright side for employees of business group–affiliated firms: less pronounced fluctuations …

The purpose of this paper is to examine Okun's law in the Saudi economy by examining the
impact of the OUTPUT gap on the unemployment rates' gap, and the contribution of …

Abstract In the European Union, the transition to a circular economy has been guided by
supranational regulations, subsequently transposed by Member States. In Italy, transposition …