Testing for persistence in aggregate and sectoral Canadian unemployment

    Authors

    O. Mikhail; C. J. Eberwein;J. Handa

    Comments

    Authors: contact us about adding a copy of your work at STARS@ucf.edu

    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

    WOS:000233637500007

    ISSN

    1350-4851

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