标题：Faulty methodology generates faulty results: Comments on the paper entitled An Empirical Assessment of the Employee Free Choice Act: The Economic Implications," by Anne Layne-Farrar, March 2009
期刊名称：Just Labour : A Canadian Journal of Work and Society
电子版ISSN：1705-1436
出版年度：2009
卷号：15
出版社：York University
摘要：Layne-Farrar's approach is based on a particular implementation of Okun's Law. This law is due to one of the greatest American macroeconomist of the twentieth century, Arthur Okun, who was once an adviser to Presidents Kennedy and Johnson. Okun formulated and tested his law in 1962. It now appears in every elementary macroeconomics textbook as a description of the robust macroeconomic connection found in the US and Canadian data between the "cyclical unemployment rate" and the "output gap". The cyclical unemployment rate is the difference (in percentage points) between the actual unemployment rate and the structural unemployment rate, while the output gap is the percentage difference between actual real GDP and potential real GDP. The structural unemployment rate and potential real GDP are usually taken as the levels of the unemployment rate and real GDP that are jointly observed when the economy operates at its maximum non-inflationary level of activity
