What is Okuns law, and how can it be used to derive an output gap Phillips curve?
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What is Okun’s law, and how can it be used to derive an output gap Phillips curve?
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Okuns law is a statistical relationship between the outp...View the full answer
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Related Book For
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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