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

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  • EP ID EP102794
  • DOI -
  • Views 103
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How To Cite

Takamitsu KURITA (2010). A Forecasting Model for Japan's Unemployment Rate. Eurasian Journal of Business and Economics, 3(5), 127-134. https://europub.co.uk/articles/-A-102794