A Forecasting Model for Japan's Unemployment Rate
Journal Title: Eurasian Journal of Business and Economics - Year 2010, Vol 3, Issue 5
Abstract
This note aims to achieve a parsimonious fractionally-integrated autoregressive and moving average (ARFIMA) model for recent time series data of Japan's unemployment rate. A brief review of the ARFIMA model is provided, leading to econometric modeling of the data in the ARFIMA framework. It is demonstrated that the preferred ARFIMA model is a satisfactory representation of the data and is useful as a forecasting device.
Authors and Affiliations
Takamitsu KURITA
Keywords
Related Articles
- EP ID EP102794
- DOI -
- Views 98
- Downloads 0
Economic Cooperation between Serbia and the Member States of the Eurasian Economic Union: Constraints and Potentials
The aim of this paper is to measure the results of the recent economic cooperation achieved between Serbia and the member states of the Eurasian Economic Union on the basis of statistical data, and then, by applying an e...
Relationship between Risk-taking, Capital Regulation and Bank Performance: Empirical Evidence from Bangladesh
This paper attempts to analyse the relationships between risk-taking, capital regulation and performance in banking sector of Bangladesh. We use Generalized Methods of Moments (GMM) in an unbalanced panel data using 38 c...
Testing Household Economies of Scale in Uzbekistan
This paper investigates empirically the relationship between household economies of scale and consumption in Uzbekistan. Particular attention is paid to the so-called “zero consumption problem” and Tobit estimator is uti...
Determinants of Mergers and Acquisitions in Indian Pharmaceutical Industry
M&A turned out to be significant form of corporate restructuring in post globalization period in Indian industries. The phenomenon is considered to be the most important strategy for gaining competitive advantage for fir...
Determinants of Export Services of USA with its Asian Partners: A Panel Data Analysis
Trade in services has accounted for 20 per cent of global trade. Despite the increasing importance of services trade in global economy, there has been limited research on service trade which uses determinants driving suc...