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Journal > Jurnal Ilmiah Mahasiswa FEB > PERTUMBUHAN EKONOMI DAN PENGANGGURAN: VALIDITAS HUKUM OKUN DI INDONESIA

 

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Jurnal Ilmiah Mahasiswa FEB
Vol 1, No 2: Semester Genap 2012/2013
PERTUMBUHAN EKONOMI DAN PENGANGGURAN: VALIDITAS HUKUM OKUN DI INDONESIA
Article Info   ABSTRACT
Published date:
21 Jan 2013
 
This study tested the validity of Okuns law in the Indonesian economy by using the difference version of Okuns law to get Okun coefficient. Moreover, the causality test was also conducted to determine the direction of the relationship variables of economic growth and unemployment. By using the Ordinary Least Square (OLS) analysis and Granger Causality Test it was concluded that the Okuns law proved to be invalid in the indonesian economy as Okun coefficient significance level is quite small. But economic growth variables shown to affect the unemployment variable statistically. Keywords: Economic Growth, Unemployment, Okuns Law, Granger Causality
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