The Dependence between Unemployment and GDP in Bulgaria: Application of Direct and Reverse Regression Cover Image

Зависимостта между безработица и БВП в България: приложение на пряка и обратна регресия
The Dependence between Unemployment and GDP in Bulgaria: Application of Direct and Reverse Regression

Author(s): Christo Mavrov
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките

Summary/Abstract: Examined is the dependence between rates of growth and change in the level of unemployment, known as Okun’s law. A position is held that because of the bilateral character of the dependence two regressions can be applied – direct and reverse. A stand is taken that there exists a bilateral dependence between unemployment and gross domestic product and the choice on a model of assessment (direct or reverse regression) is determined by the goals of the researcher.

  • Issue Year: 2007
  • Issue No: 6
  • Page Range: 45-65
  • Page Count: 21
  • Language: Bulgarian