Macroeconomics Theory and Policy

The purpose of this assignment is to estimate the Phillips curve and Okun’s Law for the country of your choice and write a well-structured research report about the whole process of acquiring and refining your date, estimating, interpreting the coefficients, and discussing the theoretical background of your models and empirical implications of the estimated equations for the country of your study.

In order to help you, your article should include, among other things, following steps. Please note that your final paper must have a complete structure from introduction to conclusion and references with an internal coherence. These steps are just to help you to organize your paper, and not to be treated like questions to get your answer mechanically