Unemployment and speed of adjustment in ASEAN-3 economies: a cointegration analysis
This paper investigates the existence of long-run relationship between unemployment and several key macroeconomic variables in Malaysia, Singapore, and the Philippines. The Johansen–Juselius cointegration method confirms the existence of a stationary long-run cointegration relationship between unemp...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
World Scientific Publishing
2011
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Online Access: | http://psasir.upm.edu.my/id/eprint/22843/1/Unemployment%20and%20speed%20of%20adjustment%20in%20ASEAN.pdf |