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.

引用

页码：7 / 9

页数：3

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