The relationship between output And unemployment in Malaysia: does Okun’s Law exist?
Unemployment is an important issue in developing economies. High unemployment means that labour resources are not being used efficiently. In the macroeconomic framework there is a well known relationship called Okun’s Law, which states that the negative relationship between movements of unemployment...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Economics and Management, Universiti Putra Malaysia
2007
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| Online Access: | http://psasir.upm.edu.my/id/eprint/671/1/bab02.pdf http://psasir.upm.edu.my/id/eprint/671/ http://econ.upm.edu.my/ijem/vol1_no3.htm |
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