Okun's law, creation of money and the decomposition of the rate of unemployment

被引：1
|
作者：
Mlussard, Stephane [1 ]
Philippe, Bernard [2 ]
机构：
[1] Univ Montpellier 1, Univ Sherbrooke, CNRS, LAMETA,UFR Sci Econ,CS 79606, F-34960 Montpellier 2, France
[2] Univ Perpignan, Dept Sci Econ, GEREM, F-66860 Perpignan, France
来源：
ECONOMICS LETTERS | 2009年 / 102卷 / 01期
关键词：
Creation of money; Decomposition; GDP; Rate of unemployment;
D O I：
10.1016/j.econlet.2008.09.010
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The rate of unemployment in period t depends on GDP and inflation rate in period t-1. We then show that GDP is related to money creation, and subsequently that the rate of unemployment is a decreasing function of this creation. (C) 2008 Elsevier B.V. All rights reserved.
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页码：7 / 9
页数：3
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