Title
Testing for persistence in aggregate and sectoral Canadian unemployment
Abbreviated Journal Title
Appl. Econ. Lett.
Keywords
MEMORY; Economics
Abstract
Persistence in aggregate and sectoral Canadian unemployment is tested for. Using the corrected for short-range dependency modified rescaled-range test. it is concluded that the fluctuations in aggregate and sectoral Canadian unemployment exhibit persistence. Policies aimed at reducing inflation should embody and account for the extra cost of sustained unemployment due to its persistence.
Journal Title
Applied Economics Letters
Volume
12
Issue/Number
14
Publication Date
1-1-2005
Document Type
Article
Language
English
First Page
893
Last Page
898
WOS Identifier
ISSN
1350-4851
Recommended Citation
"Testing for persistence in aggregate and sectoral Canadian unemployment" (2005). Faculty Bibliography 2000s. 5485.
https://stars.library.ucf.edu/facultybib2000/5485
Comments
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