How does Okun’s Law perform in the United Kingdom

 

 

 

 

 

Estimate Okun’s Law using data on changes in unemployment and real GDP growth from the United Kingdom and can use regression results from the United States to compare. Focus on the macroeconomic data of the UK using FRED.

Requirements:
Abstract (overview of paper)
Introduction
Literature review (summarize a similar report)
Economic Model
Empirical Methodology
Results
Conclusion

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