Hideyuki Adachi, Shin Imoto, Kazuyuki Inagaki
Abstract
The following sections are included:IntroductionProduction Function and Capital UtilizationDecisions of Firms on Capital Utilization and Labor EmploymentEquilibrium in the Goods Market and the Labor MarketDerivation of the Theoretical Equation of Okun's LawEmpirical AnalysisConclusionReferences
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The following sections are included:IntroductionProduction Function and Capital UtilizationDecisions of Firms on Capital Utilization and Labor EmploymentEquilibrium in the Goods Market and the Labor MarketDerivation of the Theoretical Equation of Okun's LawEmpirical AnalysisConclusionReferences
Key concepts: Okun's law, Unemployment, Economics, Keynesian economics, Macroeconomics, Neoclassical economics, Labour economics, Law