Unemployment rate for various countries since 2005 to 2012: comparison of its level and pace using functional principal component analysis

• Authors: Stanisław Jaworski , Konrad Furmańczyk
• Languages of publication: EN

Abstracts

EN

We apply the functional principal component analysis to compare the unemployment rate in euro area, Japan and USA since 2005 to 2012. For preprocessing analysis we used B-splines system with roughness penalty for smoothing the data. The analysis enables to reveal the most important type of variation in unemployment rate and its pace's in examined countries.

Keywords

EN

B-splines basis system; functional principal component analysis,; unemployment rate

• Publisher: Katedra Ekonometrii i Statystyki, Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
• Journal: Metody Ilościowe w Badaniach Ekonomicznych
• Year: 2012
• Volume: 13
• Issue: 2
• Pages: 40-47

Dates

published

2012

Contributors

author

Stanisław Jaworski

• Department of Econometrics and Statistics, Warsaw University of Life Sciences – SGGW

author

Konrad Furmańczyk

• Department of Applied Mathematics, Warsaw University of Life Sciences –SGGW

References

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