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  • 标题:Some Considerations on the Application of Okun's Law for Romania during 1999-2010
  • 本地全文:下载
  • 作者:Ileana Georgiana Gheorghe
  • 期刊名称:Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
  • 印刷版ISSN:2284-8576
  • 电子版ISSN:2247-8582
  • 出版年度:2010
  • 期号:3
  • 页码:95-103
  • 出版社:Petroleum-Gas University of Ploiesti
  • 摘要:This paper started from the fact that, currently, because of the globalization which has widened the economic, social and cultural gaps between the countries of the world, we face the following situation: any economic program of a State must include a set of policy measures intended to achieve the main objectives of macroeconomic policy in that country. Two of the objectives of macroeconomic policy are quantified using macroeconomic variables: GDP growth and unemployment. The correlation between these two variables is reversed (negative) and is known as Okun's law. In this paper I tried a mathematical modeling of Okun's Law, applied to the Romanian economy, using data series from 1999 to 2010
  • 关键词:GDP growth (GDP); unemployment rate; Okun's law; economic growth
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