Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
965795 | Journal of Macroeconomics | 2011 | 14 Pages |
Abstract
⺠Applies concept of multicointegration to model unemployment as an inventory. ⺠Provides a more natural and logical way to model unemployment as stocks and flows. ⺠Unemployment levels found to be multicointegrated with inflows and outflows. ⺠Multicointegration error correction model for unemployment improves forecasting.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Berna Demiralp, Bonnie B. Gantt, David D. Selover,