In this paper we check if unemployment rate is stationary by using several unit root tests. In addition the importance of this paper lies in the fact that the structure of unemployment rate is modeled as ARIMA suggested by box ans jenkins and the unit...
In this paper we check if unemployment rate is stationary by using several unit root tests. In addition the importance of this paper lies in the fact that the structure of unemployment rate is modeled as ARIMA suggested by box ans jenkins and the unit root tests plays a useful role as a diagnostic tool on dealing with economic phenomena.