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词汇 Okun's Law
释义

Definition of Okun's Law in English:

Okun's Law

noun
Economics

  • A rule which states that the degree to which actual productivity falls short of (or exceeds) long-term potential productivity is directly related to increased (or decreased) unemployment.

Origin

1960s; earliest use found in The American Economic Review.

Definition of Okun's Law in US English:

Okun's Law

noun
Economics

  • A rule which states that the degree to which actual productivity falls short of (or exceeds) long-term potential productivity is directly related to increased (or decreased) unemployment.

Origin

1960s; earliest use found in The American Economic Review.
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