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标题：A Cross-Country Analysis of the Okun's Law Coefficient Convergence in Europe
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作者：ROGER PERMAN ; CHRISTOPHE TAVERA
期刊名称：Discussion Papers / Business School, University of Strathclyde
出版年度：2004
卷号：2004
出版社：University of Strathclyde
摘要：In this paper, we examine whether evidence is consistent with convergence of the Okun’s Law coefficient (OLC) among several alternative groupings of European economies. A two step empirical strategy is employed. The first step obtains rolling regression estimates of the OLC for individual European countries. In the second step, we examine how the cross-country variance of the OLC evolves over the decade until 2002 in the selected country groupings. We find evidence consistent with convergence of the OLC among northern European countries, and among countries with centralised wage bargaining, but an absence of convergence in other country groups.
关键词：Okun's Law, convergence, European Union.