期刊名称:Annals of the University of Oradea : Economic Science
印刷版ISSN:1222-569X
电子版ISSN:1582-5450
出版年度:2009
卷号:XVIII
期号:02
出版社:University of Oradea
摘要:A sustainable rate of real GDP growth is one of the best ways to promote the rise of living standards. From
a neoclassical point of view the underlying factors that affect economic growth are saving, population
growth and technological progress. Unemployment is also very important for obtaining a sustainable
economic growth. If unemployment is below its natural level, economic growth will generate higher
inflation .This paper emphasizes the link between real GDP growth and unemployment, as described by
Okun’s law. The empirical analysis shows that a rise of one percentage point of unemployment is
associated with a decline of roughly half percentage point of real GDP growth.
关键词:economic growth, natural rate of unemployment, Okun’s law