Izvestiya of Saratov University.
ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)


Okun’s law

Employment and economic growth in the conditions of COVID-19 pandemics: Cross-country comparisons

Introduction. The factor of a sharp slowdown in economic growth in almost all countries since the beginning of 2020 has been quite atypical. Whereas previously we had seen shocks mainly related to economic processes, this time the “black swan” was a public health emergency – the new coronavirus pandemic COVID-19. A feature of this crisis was the unprecedented measures of states to restrict the movement of citizens, as well as the suspension of the activities of both industrial enterprises and enterprises in the sphere of trade and services.