The informational value of unemployment statistics:: A note on the time series properties of participation rates

被引：24

作者：

Gustavsson, Magnus ^{[1
]}

Osterholm, Par ^{[1
]}

机构：

[1] Univ Uppsala, Dept Econ, S-75120 Uppsala, Sweden

来源：

ECONOMICS LETTERS | 2006年 / 92卷 / 03期

关键词：

hysteresis; unit root test;

D O I：

10.1016/j.econlet.2006.03.032

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Using a battery of unit root tests, we show that labor force participation rates in Australia, Canada and the U.S. are non-stationary. This implies that great care is needed before unemployment rates are used as measures of joblessness. (c) 2006 Elsevier B.V All rights reserved.

引用

页码：428 / 433

页数：6