Material Information
- Title:
- ON THE TIME-VARIATIONS OF OKUN’S LAW AND THE EFFECT OF LABOR’S SHARE
- Physical Description:
- Book
- Language:
- English
- Creator:
- Baker, Gary Glenwood
- Publisher:
- New College of Florida
- Place of Publication:
- Sarasota, Fla.
- Publication Date:
- 2014
Thesis/Dissertation Information
- Degree:
- Bachelor's ( B.A.)
- Degree Grantor:
- New College of Florida
- Degree Divisions:
- Social Sciences
- Area of Concentration:
- Economics, Mathematics
Subjects
- Genre:
- Electronic Thesis or Dissertation
bibliography ( marcgt ) theses ( marcgt ) government publication (state, provincial, territorial, dependent) ( marcgt ) born-digital ( sobekcm )
Notes
- Abstract:
- In this thesis, I examine the stability in the post-war period of the gap version of
the Okun relationship by estimating a time-varying parameter with a Kalman filter
algorithm. I then propose labor’s share of income as a cointegrating series for our
estimated time-series. Using post-war data for the United States, I find that the
Okun coefficient has increased in absolute value significantly since 1980 and that
much of the change can be explained by the fall in labor’s share of income during
the same time period.
- Statement of Responsibility:
- by Gary Glenwood Baker
- Thesis:
- Thesis (B.A.) -- New College of Florida, 2014
- General Note:
- RESTRICTED TO NCF STUDENTS, STAFF, FACULTY, AND ON-CAMPUS USE
- Bibliography:
- Includes bibliographical references.
- General Note:
- This bibliographic record is available under the Creative Commons CC0 public domain dedication. The New College of Florida Libraries, as creator of this bibliographic record, has waived all rights to it worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.
- General Note:
- Faculty Sponsor: Khemraj, Tarron
Record Information
- Source Institution:
- New College of Florida
- Holding Location:
- New College of Florida
- Rights Management:
- Applicable rights reserved.
- Resource Identifier:
- Classification:
- S.T. 2014 B354
- System ID:
- AA00024710:00001
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