Title

Testing For Persistence In Aggregate And Sectoral Canadian Unemployment

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. © 2005 Taylor & Francis.

Publication Date

11-15-2005

Publication Title

Applied Economics Letters

Volume

12

Issue

14

Number of Pages

893-898

Document Type

Article

Personal Identifier

scopus

DOI Link

https://doi.org/10.1080/13504850500282407

Socpus ID

31144478411 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/31144478411

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