Verification of Okun’s Law on Russian Data
نویسندگان
چکیده
The purpose of the study is to assess empirical relationship between economic growth and unemployment in Russian economy. research methodolog y based on an econometric analysis time series representing data identify these variables. In article continued work identifying rate GDP Russia data. Based results optimal length model, long-term Okun coefficient describing calculated. As a result assessment, was obtained equal 0.87, which consistent with previous studies discrepancies can be explained by pandemic factor 2020. It concluded that value confirms stable rate. However, its for somewhat inferior estimates most developed countries comparable indicators emerging market countries. used construction short-term forecasts response changes GDP, as well development macroeconomic policy measures whole.
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ژورنال
عنوان ژورنال: Finansy: teoriâ i praktika
سال: 2022
ISSN: ['2587-5671', '2587-7089']
DOI: https://doi.org/10.26794/2587-5671-2022-26-4-199-210