Global unemployment shocks

Smith, Ron P. and Zoega, Gylfi (2007) Global unemployment shocks. Economics Letters 94 (3), pp. 433-438. ISSN 0165-1765.

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Official URL: https://doi.org/10.1016/j.econlet.2006.09.002

Abstract

In this paper we use OECD unemployment data 1960–2002 to infer the nature of shocks to unemployment using factor analysis. We find that two principal components can account for a large part of the variance of unemployment between and within countries.

Metadata

Item Type:	Article
School:	School of Business, Economics & Informatics > Economics, Mathematics and Statistics
Depositing User:	Sarah Hall
Date Deposited:	10 Nov 2020 21:43
Last Modified:	29 Nov 2021 15:24
URI:	https://eprints.bbk.ac.uk/id/eprint/41420

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