Caporale, Guglielmo Maria; Gil-Alaña, Luis A. - 2000
. -- Unemployment ; Input Prices ; Long Memory ; Fractional Integration ; Fractional Cointegration …This paper examines the relationship between unemployment, real oil price and real interest rates in Canada. Instead of … following the classical approach based on I(0) stationarity or I(1) cointegrating relationships, we use fractional integration/cointegration …