Economics, Econometrics and Finance
8 years ago

Unemployment and Inflation in the Philippines: No Causal Link Found

1 view
RePEc: Research Papers in Economics
Unemployment and Inflation in the Philippines: New Evidence from Vector Error Correction Model
Fumitaka Furuoka

Paper Summary

The article looks at how unemployment and inflation are related in the Philippines from 1980 to 2006. They found that there is a connection between the two, but one doesn't cause the other. This means that changes in unemployment don't directly lead to changes in inflation, and vice versa.

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