This paper examines the relationship between unemployment, real oil price and real interest rates in Canada. Instead of …/cointegration techniques which allow for the possibility that unemployment is highly persistent. In line with other studies, we find that all … equilibrium model with highly persistent shocks might be adequate to account for the observed behaviour of unemployment …

This article is concerned with the dynamic behaviour of UK unemployment. However, instead of using traditional … suggest that the UK unemployment may be explained in terms of lagged values of the real oil prices and the real interest rate …, with the order of integration of unemployment ranging between 0.50 and 1. Thus, unemployment shows the characteristics of …

models are important in estimating and forecasting volatility, as well as capturing asymmetry, which is the different effects … between asymmetry and leverage, as well as which asymmetric models are purported to be able to capture leverage, the purpose …

models are important in estimating and forecasting volatility, as well as in capturing asymmetry, which is the different … confusion in the literature between asymmetry and leverage, as well as which asymmetric models are purported to be able to …

by McAleer and Hafner (2014) to obtain EGARCH. These models can be used to capture asymmetry, which denotes the different …) showed that asymmetry was possible for GJR, but not leverage. McAleer and Hafner showed that leverage was not possible for … EGARCH. Surprisingly, the conditions for asymmetry in EGARCH seem to have been ignored in the literature, or have …

We consider the problem of measuring transition probabilities across employment, unemployment and inactivity when …

network (ARNN) unit root test (Yaya et al. 2021; Oxford Bulletin of Economics and Statistics), to investigate unemployment … plausibility of nonlinearity in the unemployment rate of these European countries. The results show non-rejection of unemployment …

This paper compares models used to explain OECD unemployment. The models suggest that the ?natural rate of unemployment …