{"id":"https://openalex.org/W2010149729","doi":"https://doi.org/10.1080/02692170902954775","title":"A strong hysteretic model of Okun\u2019s Law: theory and a preliminary investigation","display_name":"A strong hysteretic model of Okun\u2019s Law: theory and a preliminary investigation","publication_year":2009,"publication_date":"2009-06-20","ids":{"openalex":"https://openalex.org/W2010149729","doi":"https://doi.org/10.1080/02692170902954775","mag":"2010149729"},"language":"en","primary_location":{"id":"doi:10.1080/02692170902954775","doi":"https://doi.org/10.1080/02692170902954775","is_oa":false,"landing_page_url":"https://doi.org/10.1080/02692170902954775","pdf_url":null,"source":{"id":"https://openalex.org/S50561683","display_name":"International Review of Applied Economics","issn_l":"0269-2171","issn":["0269-2171","1465-3486"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Review of Applied Economics","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5000325313","display_name":"Dany Lang","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I188760350","display_name":"Ollscoil na Gaillimhe \u2013 University of Galway","ror":"https://ror.org/03bea9k73","country_code":"IE","type":"education","lineage":["https://openalex.org/I188760350"]},{"id":"https://openalex.org/I4210155567","display_name":"Laboratoire d\u2019\u00c9tude et de Recherche sur l\u2019\u00c9conomie, les Politiques et les Syst\u00e8mes Sociaux","ror":"https://ror.org/05tcnbj64","country_code":"FR","type":"facility","lineage":["https://openalex.org/I4210112425","https://openalex.org/I4210128193","https://openalex.org/I4210152422","https://openalex.org/I4210155567","https://openalex.org/I4405258862","https://openalex.org/I4405259414","https://openalex.org/I4405260803"]}],"countries":["FR","IE"],"is_corresponding":true,"raw_author_name":"Dany Lang","raw_affiliation_strings":["Department of Economics, National University of Ireland, Galway and LEREPS, Toulouse, France"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, National University of Ireland, Galway and LEREPS, Toulouse, France","institution_ids":["https://openalex.org/I188760350","https://openalex.org/I4210155567"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5036950727","display_name":"Christian de Peretti","orcid":"https://orcid.org/0000-0001-7956-6629","observed_orcids":["https://orcid.org/0000-0001-7956-6629"]},"institutions":[{"id":"https://openalex.org/I4405255895","display_name":"Centre d'\u00e9tudes des politiques \u00e9conomiques","ror":"https://ror.org/03hnm8b07","country_code":"FR","type":"facility","lineage":["https://openalex.org/I277688954","https://openalex.org/I4405255895","https://openalex.org/I88467170"]},{"id":"https://openalex.org/I88467170","display_name":"Universit\u00e9 d'\u00c9vry Val-d'Essonne","ror":"https://ror.org/00e96v939","country_code":"FR","type":"education","lineage":["https://openalex.org/I277688954","https://openalex.org/I88467170"]}],"countries":["FR"],"is_corresponding":false,"raw_author_name":"Christian de Peretti","raw_affiliation_strings":["D\u00e9partement d\u2019\u00e9conomie, Universit\u00e9 d\u2019Evry\u2010Val\u2010d\u2019Essonne and EPEE, Evry, France"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"D\u00e9partement d\u2019\u00e9conomie, Universit\u00e9 d\u2019Evry\u2010Val\u2010d\u2019Essonne and EPEE, Evry, France","institution_ids":["https://openalex.org/I4405255895","https://openalex.org/I88467170"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5000325313"],"corresponding_institution_ids":["https://openalex.org/I188760350","https://openalex.org/I4210155567"],"apc_list":null,"apc_paid":null,"fwci":6.1767,"has_fulltext":false,"cited_by_count":51,"citation_normalized_percentile":{"value":0.95889969,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":87,"max":98},"biblio":{"volume":"23","issue":"4","first_page":"445","last_page":"462"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13399","display_name":"Unemployment and Economic Growth","score":0.9980000257492065,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13399","display_name":"Unemployment and Economic Growth","score":0.9980000257492065,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.0020000000949949026,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/okun-s-law","display_name":"Okun's law","score":0.9079999923706055},{"id":"https://openalex.org/keywords/hysteresis","display_name":"hysteresis","score":0.9520000219345093},{"id":"https://openalex.org/keywords/unemployment","display_name":"unemployment","score":0.6919999718666077},{"id":"https://openalex.org/keywords/economic-growth","display_name":"economic growth","score":0.8610000014305115},{"id":"https://openalex.org/keywords/growth-shocks","display_name":"growth shocks","score":0.8460000157356262},{"id":"https://openalex.org/keywords/heterogeneous-firms","display_name":"heterogeneous firms","score":0.8970000147819519},{"id":"https://openalex.org/keywords/hysteresis-operators","display_name":"hysteresis operators","score":0.9350000023841858},{"id":"https://openalex.org/keywords/growth-unemployment-relationship","display_name":"unemployment-growth relationship","score":0.6439999938011169}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7753437757492065},{"id":"https://openalex.org/C2777176714","wikidata":"https://www.wikidata.org/wiki/Q595592","display_name":"Okun's law","level":4,"score":0.6796798706054688},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5236458778381348},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.467877596616745},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3994677662849426},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.3624923825263977},{"id":"https://openalex.org/C2778126366","wikidata":"https://www.wikidata.org/wiki/Q41171","display_name":"Unemployment","level":2,"score":0.35775768756866455},{"id":"https://openalex.org/C133425853","wikidata":"https://www.wikidata.org/wiki/Q60571","display_name":"Neoclassical economics","level":1,"score":0.32724300026893616},{"id":"https://openalex.org/C2994488168","wikidata":"https://www.wikidata.org/wiki/Q41171","display_name":"Unemployment rate","level":3,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.1080/02692170902954775","doi":"https://doi.org/10.1080/02692170902954775","is_oa":false,"landing_page_url":"https://doi.org/10.1080/02692170902954775","pdf_url":null,"source":{"id":"https://openalex.org/S50561683","display_name":"International Review of Applied Economics","issn_l":"0269-2171","issn":["0269-2171","1465-3486"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Review of Applied Economics","raw_type":"journal-article"},{"id":"mag:3125121442","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:hal:journl:hal-01366013","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:HAL:hal-01366013v1","doi":null,"is_oa":false,"landing_page_url":"https://hal.science/hal-01366013","pdf_url":null,"source":{"id":"https://openalex.org/S4306402512","display_name":"HAL","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4405252976","host_organization_name":"Centre pour la Communication Scientifique Directe","host_organization_lineage":["https://openalex.org/I4405252976"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"International Review of Applied Economics, 2009","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:HAL:hal-02877983v1","doi":null,"is_oa":false,"landing_page_url":"https://hal.science/hal-02877983","pdf_url":null,"source":{"id":"https://openalex.org/S4306402512","display_name":"HAL","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4405252976","host_organization_name":"Centre pour la Communication Scientifique Directe","host_organization_lineage":["https://openalex.org/I4405252976"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"International Review of Applied Economics, 2009, 23 (4), pp.445--462. &#x27E8;10.1080/02692170902954775&#x27E9;","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:RePEc:taf:irapec:v:23:y:2009:i:4:p:445-462","doi":null,"is_oa":false,"landing_page_url":"http://www.tandfonline.com/doi/abs/10.1080/02692170902954775","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.7825999855995178,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":32,"referenced_works":["https://openalex.org/W44773803","https://openalex.org/W426101299","https://openalex.org/W595325313","https://openalex.org/W1547073888","https://openalex.org/W1578824238","https://openalex.org/W1967079659","https://openalex.org/W1967091941","https://openalex.org/W1981865788","https://openalex.org/W1984126389","https://openalex.org/W1990141916","https://openalex.org/W1995503011","https://openalex.org/W2013860961","https://openalex.org/W2047712358","https://openalex.org/W2048723825","https://openalex.org/W2068864098","https://openalex.org/W2081064416","https://openalex.org/W2083308319","https://openalex.org/W2087076079","https://openalex.org/W2090709920","https://openalex.org/W2128185359","https://openalex.org/W2164092119","https://openalex.org/W2323266160","https://openalex.org/W2797062887","https://openalex.org/W3024090831","https://openalex.org/W3121435459","https://openalex.org/W3122600486","https://openalex.org/W3150991765","https://openalex.org/W4210857314","https://openalex.org/W4231100228","https://openalex.org/W4231929233","https://openalex.org/W4298304389","https://openalex.org/W4365787967"],"related_works":["https://openalex.org/W7099972972","https://openalex.org/W2100098634","https://openalex.org/W7101136806","https://openalex.org/W2890462492","https://openalex.org/W4321499662","https://openalex.org/W4394721605","https://openalex.org/W1963365962","https://openalex.org/W7169656783","https://openalex.org/W7207406267","https://openalex.org/W1571352954"],"abstract_inverted_index":{"This":[0],"paper":[1],"presents":[2],"a":[3,12,72,97,113],"\u2018strong":[4],"hysteretic\u2019":[5],"version":[6,13,23,60,146],"of":[7,14,24,58,61,75,90,112,131,144,147,167],"Okun\u2019s":[8,62,104,148],"Law,":[9,149],"that":[10,124],"is,":[11],"the":[15,25,33,43,56,67,88,121,128,132,141,153,168],"law":[16],"in":[17,29,52,83,87,127,170],"which":[18,116],"\u2018history":[19],"matters.\u2019":[20],"In":[21,64],"this":[22,59,65,145],"link":[26],"between":[27],"fluctuations":[28,86],"unemployment":[30,45,133],"and":[31],"growth,":[32],"most":[34],"important":[35],"past":[36],"growth":[37,122],"shock":[38],"exerts":[39],"an":[40],"influence":[41],"on":[42],"current":[44],"rate.":[46,134],"A":[47],"theoretical":[48],"framework":[49],"is":[50,106],"proposed":[51],"order":[53],"to":[54,85,139,152],"lay":[55],"foundations":[57,93],"Law.":[63],"framework,":[66],"hysteresis":[68,114,162],"property":[69],"arises":[70],"because":[71],"large":[73],"number":[74],"heterogeneous":[76],"firms":[77],"discontinuously":[78],"adjust":[79],"their":[80],"activity":[81],"levels":[82],"response":[84],"rate":[89],"growth.":[91],"The":[92],"having":[94],"been":[95],"laid,":[96],"method":[98],"for":[99,118,165],"empirically":[100],"testing":[101],"our":[102,171],"hysteretic":[103],"Law":[105],"presented.":[107],"An":[108],"algorithm":[109],"permits":[110],"construction":[111],"operator,":[115],"synthesizes,":[117],"every":[119],"moment,":[120],"shocks":[123],"have":[125],"remained":[126],"memory":[129],"bank":[130],"Empirical":[135,158],"tests":[136],"are":[137,163],"conducted":[138],"assess":[140],"empirical":[142],"relevance":[143],"as":[150],"compared":[151],"more":[154],"familiar":[155],"linear":[156],"relationship.":[157],"results":[159],"consistent":[160],"with":[161],"found":[164],"several":[166],"countries":[169],"sample.":[172]},"counts_by_year":[{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":2},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":6},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":6},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":3}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2016-06-24T00:00:00"}
