1 Department of Business and Economics, Faculty of Business and Social Sciences, SDU2 unknown3 Department of Business and Economics, Faculty of Business and Social Sciences, SDU
The paper investigates Scandinavian countries and their male and female unemployment rates. Okun’s law is used to estimate age cohort and gender-specific Okun coefficients to make inference about the business-cycle dependence of young peoples’ unemployment across Scandinavian countries. Results show that men have higher Okun coefficients in absolute terms. Thus, their unemployment rate reacts more strongly to any change in GDP.
Comparative Economic Studies, 2014, Vol 56, p. 567-580