Article ID Journal Published Year Pages File Type
5062804 Economics Letters 2006 6 Pages PDF
Abstract

Using a battery of unit root tests, we show that labor force participation rates in Australia, Canada and the U.S. are non-stationary. This implies that great care is needed before unemployment rates are used as measures of joblessness.

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Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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The informational value of unemployment statistics: A note on the time series properties of participation rates
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