Common seasonal features: global unemployment

Article Abstract:

How seasonal patterns in economic time series apply to unemployment in Organization for Economic Cooperation and Development (OECD) countries from 1977 to 1993 is studied using an applied technique. Results show that Australia, Japan, Canada and the US share common unemployment trends, common deterministic seasonal features, and a common cycle/stochastic seasonal feature. These traits, surprisingly, are not found in other groups of OECD nations. The results have proven the usefulness of the applied technique in comparing different economies, which is significant today as globalization calls for the coordination of economic policies across countries.

Analysis, Seasonal unemployment

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Common seasonal features: global unemployment

Article Abstract:

Time series techniques are used to study seasonal patterns of unemployment in OECD countries. A statistical model, based on the use of common features to determine seasonality, is developed and tested. Application of the model to the 1977-1993 quarterly unemployment rates of four countries, USA, Japan, Canada and Australia, shows similarities including a cointegrating vector and a common deterministic seasonal feature.

Models, Usage, Time-series analysis, Time series analysis

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The rise in Danish unemployment: reallocation or mismatch?

Article Abstract:

A study on factors, like reallocations, and decreased levels of recruiting, which adversely affected Danish unemployment-vacancy curve, are discussed.

Denmark, Science & research, Job vacancies

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