Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Estimating Okun’s law in Sweden: Effects of gender and age
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences.
Luleå University of Technology, Department of Business Administration, Technology and Social Sciences.
2017 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis [Artistic work]
Abstract [en]

The purpose of this thesis is to investigate whether Okun’s law is valid within Sweden. Furthermore, we are also interested in studying how it varies with different genders and age groups. Quarterly data on GDP and unemployment between the years 1980 to 2015 is used. Three different models have been tested on their ability to estimate Okun’s law and the model with the highest explanatory power was chosen. The results show that unemployment among men are more affected by changes in GDP growth than women, which likely is because more men tend to work in the private sector and women in the public sector. Young workers are also affected to a greater degree than older workers, due to how the employment protection act (LAS) works in Sweden.

Abstract [sv]

Syftet med uppsatsen är främst att undersöka den så kallade Okuns lag i Sverige, och mer specifikt studera om sambandet varierar mellan kön och åldersgrupper. Kvartalsdata på BNP och arbetslöshet mellan åren 1980 till 2015 har använts. Tre olika modeller har testats på hur väl de kunde förklara Okuns lag i Sverige, varav den ena modellen hade högre förklaringsgrad. Resultaten visar att män påverkades till en högre grad av förändringar i ekonomins tillväxt än kvinnor. Detta beror sannolikt på att män i högre grad tenderar att jobba inom den privata sektorn och kvinnor inom offentliga sektorn, vilken inte är lika känslig för konjunktursvängningar. Vi fann även att yngre arbetare påverkas till en högre grad än äldre av förändringar i ekonomins tillväxt. Detta beror sannolikt på hur lagen om anställningsskydd (LAS) är uppbyggd i Sverige.

Place, publisher, year, edition, pages
2017. , p. 35
Keyword [en]
Okun’s law, Okun’s coefficient, unemployment, GDP potential, NAIRU
Keyword [sv]
Okuns lag, Okuns koefficient, arbetslöshet, BNP potential, NAIRU
National Category
Economics
Identifiers
URN: urn:nbn:se:ltu:diva-65220OAI: oai:DiVA.org:ltu-65220DiVA, id: diva2:1134842
Educational program
Economics, bachelor's level
Supervisors
Examiners
Available from: 2017-08-24 Created: 2017-08-21 Last updated: 2017-08-24Bibliographically approved

Open Access in DiVA

fulltext(1546 kB)149 downloads
File information
File name FULLTEXT01.pdfFile size 1546 kBChecksum SHA-512
f660afca7ffed7bdd0b66659626e20c7fb255fe013e98bf27a527661b4318d49126fa848597c2f8f9426d4381f6e5e5b9ba0c4fb487d36afee42da4e2313bb3a
Type fulltextMimetype application/pdf

Search in DiVA

By author/editor
Goussakov, RomaStjernström, Valde
By organisation
Department of Business Administration, Technology and Social Sciences
Economics

Search outside of DiVA

GoogleGoogle Scholar
Total: 149 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 927 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf