Record Details

Measuring Unemployment: A Composition Model

Labour, Employment and Work in New Zealand

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Field Value
 
Title Measuring Unemployment: A Composition Model
 
Creator Jackson, Fraser
 
Subject Unemployment; labour force data; participation
 
Description In looking at statistics of the labour market, the labour force status categories are often considered as independent, but when expressed as proportions they are observations over a simplex of non-negative components summing to 1. This leads to serious deficiencies in the conventional tools of analysis, and a framework commonly referred to as compositional modelling has been developed to address them. This paper explores the application of these tools to labour force data and demonstrates simple consistent patterns between job search (unemployment) and current participation levels across both aggregate and age and gender sub populations. Unlike previous uses of composition models in labour market studies we use a simple transform with a direct interpretation for our analysis.
 
Publisher Victoria University of Wellington
 
Date 2015-02-20
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://ojs.victoria.ac.nz/LEW/article/view/2218
10.26686/lew.v0i0.2218
 
Source Labour, Employment and Work in New Zealand; 2015: Labour, Employment and Work in New Zealand
2463-2600
 
Language eng
 
Relation https://ojs.victoria.ac.nz/LEW/article/view/2218/2057
 
Rights Copyright (c) 2015 Labour, Employment and Work in New Zealand