Okun Law
Result
Calculated result
-2
Based on the values entered.
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Okun Law — free online calculator.
Formula
-coefficient*unemployment_change_pct
- Okun Law calculates its result from Change in unemployment (pp), Okun coefficient. It uses the formula -coefficient*unemployment_change_pct. Change any input to recalculate the result instantly.
- The main inputs are Change in unemployment, Okun coefficient. Enter them in the units and format shown in the calculator.
- Use monetary amounts, rates and time periods exactly as labeled; the result reflects the assumptions entered on this page.
- Changing any input above recalculates the result with the same calculation engine used by this page.
Example: Okun Law
Inputs
- Change in unemployment: 1 pp
- Okun coefficient: 2
Using Change in unemployment (pp) = 1, Okun coefficient = 2, the calculated result is -2.
Sample result: Calculating…
Frequently asked questions
What does the Okun Law calculate?
Okun Law — free online calculator.
Which values should I enter?
Enter Change in unemployment, Okun coefficient using the units and format shown beside each field.
What formula does this calculator use?
The calculator uses the following relationship: -coefficient*unemployment_change_pct.
Why might my result differ from another source?
Results can differ when another source uses different units, rounding rules, conventions or assumptions. Compare the inputs and definitions before comparing results.
Does the result update automatically?
Yes. Changing an input updates the result using the same calculation engine shown on this page.