How Do Technical Change and Technological Distance Influence the Size of the Okun's Law Coefficient?

Jean-Philippe Boussemart, Walter Briec, Roger Perman, Christophe Tavera

Research output: Working paperDiscussion paper

Abstract

How does technical change influence the size of the Okun’s Law coefficient? Using a nonlinear version of Okun’s Law augmented with technical change and technological distance, we show that the impact of output movements on unemployment variations is influenced by the imitation or innovation origins of technical change
LanguageEnglish
Place of PublicationGlasgow
PublisherUniversity of Strathclyde
Pages1-31
Number of pages32
Publication statusPublished - Dec 2013

Publication series

NameStrathclyde Discussion Papers in Economics
PublisherUniversity of Strathclyde
No.13-12

Fingerprint

Coefficients
Technological distance
Okun's law
Technical change
Innovation
Unemployment
Imitation

Keywords

  • technological frontier
  • technical change
  • nonlinear model
  • Okun's Law

Cite this

Boussemart, J-P., Briec, W., Perman, R., & Tavera, C. (2013). How Do Technical Change and Technological Distance Influence the Size of the Okun's Law Coefficient? (pp. 1-31). (Strathclyde Discussion Papers in Economics; No. 13-12). Glasgow: University of Strathclyde.
Boussemart, Jean-Philippe ; Briec, Walter ; Perman, Roger ; Tavera, Christophe. / How Do Technical Change and Technological Distance Influence the Size of the Okun's Law Coefficient?. Glasgow : University of Strathclyde, 2013. pp. 1-31 (Strathclyde Discussion Papers in Economics; 13-12).
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Boussemart, J-P, Briec, W, Perman, R & Tavera, C 2013 'How Do Technical Change and Technological Distance Influence the Size of the Okun's Law Coefficient?' Strathclyde Discussion Papers in Economics, no. 13-12, University of Strathclyde, Glasgow, pp. 1-31.

How Do Technical Change and Technological Distance Influence the Size of the Okun's Law Coefficient? / Boussemart, Jean-Philippe; Briec, Walter; Perman, Roger; Tavera, Christophe.

Glasgow : University of Strathclyde, 2013. p. 1-31 (Strathclyde Discussion Papers in Economics; No. 13-12).

Research output: Working paperDiscussion paper

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AB - How does technical change influence the size of the Okun’s Law coefficient? Using a nonlinear version of Okun’s Law augmented with technical change and technological distance, we show that the impact of output movements on unemployment variations is influenced by the imitation or innovation origins of technical change

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KW - nonlinear model

KW - Okun's Law

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Boussemart J-P, Briec W, Perman R, Tavera C. How Do Technical Change and Technological Distance Influence the Size of the Okun's Law Coefficient? Glasgow: University of Strathclyde. 2013 Dec, p. 1-31. (Strathclyde Discussion Papers in Economics; 13-12).