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 95
- Downloads 0
Generating Buy/Sell Signals for an Equity Share Using Machine Learning
This study proposes a novel model for predicting 5 days’ ahead share price direction of GARAN (Garanti Bankasi A.Ş.), an equity share that is the top traded stock in BIST100, Istanbul Stock Exchange -Turkey. The first mo...
Ethnocentrism, Religiosity, Environmental and Health Consciousness: Motivators for Anti-Consumers
This paper covers highlighting the importance of anti-consumer groups in today’s markets and several outstanding factors shaping their reaction against consumption, which are ethnocentrism, religiosity, environmental and...
The Long Run Growth Rate of the Kazakhstan’s Economy
Kazakhstan’s economy has performed very well for almost the past decade – growing on an average annual growth rate of 9%. Furthermore, over this period there has been rapid increase in production in all the sectors of th...
Fiscal Decentralization and Revenue Stability in the Kyrgyz Republic, 1993-2010
This study examines whether the policies of fiscal decentralization in the Kyrgyz Republic (1993-2010) had any effect on revenue stability at the national level. We find reasonable evidence of revenue volatility at the n...
How Do Foreign Direct Investment and Growth Interact in Turkey?
This paper empirically investigates the relation between growth and Foreign Direct Investment (FDI) in Turkey. There are mixed conclusions about the impact of FDI on growth and the literature includes many studies where...