Okun's law using structural change with threshold approach: Empirical evidence from the Democratic Republic of Congo (DRC)
April-June 2024 - Vol 16 Num. 2
This paper employs the structural change with threshold approach to empirically verify Okun's law in the DRC. Utilizing quarterly data, the findings robustly support the existence of Okun's law in the DRC, albeit with a coefficient lower than that originally proposed by Okun. Moreover, the results reveal that the...
Okun's law using structural change with threshold approach: Empirical evidence from the Democratic Republic of Congo (DRC)
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