Is Non-linear Serial Dependence Present in the Us Unemployment Rate and the Growth Rates of Employment Sectoral Shares? Evidence from a Battery of Non- Linearity Tests
نویسندگان
چکیده
The assumption of linearity is tested using six statistical tests for the US unemployment rate and four employment sectoral shares growth rates; construction, finance, manufacturing and trade. An AR(p) model was used to remove any linear structure from the series. Strong evidence of non-linearity was found for the unemployment rate and the sectoral shares across the six statistical tests.
منابع مشابه
Working Papers NON-LINEARITY IN THE CANADIAN AND US LABOUR MARKETS: UNIVARIATE AND MULTIVARIATE EVIDENCE FROM A BATTERY OF TESTS
The assumption of linearity is tested using five statistical tests for the US and the Canadian unemployment rates and the employment sectoral shares growth rates; construction, finance, manufacturing and trade. An AR(p) model was used to remove any linear structure from the series. Evidence of non-linearity is found for the sectoral shares with all five statistical tests in the US case but not ...
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