Okun's law

Okun's law and spatial regimes in Indonesia: A machine learning approach

Okun's law varies markedly across Indonesian districts, and growth shocks spill over to neighboring regions — calling for locally tailored, coordinated labor policies.

Regional Okun’s law and endogeneity: evidence from the Indonesian districts

This paper investigates the regional Okun’s law across 514 districts of Indonesia over the 2011–2020 period. To handle the endogeneity issue, we apply a two-stage least squares (2SLS) model and use regional temperature as instrument for economic …