Multivariate time series analysis on correlation between inflation rate and employment rate with gross domestic product

• Main Authors: Abu Hassan Asari, Fadli Fizari, Mohamad, Zuraida, Alias, Teh Sofia, Shamsudin, Norazidah, Baharuddin, Nurul Syuhada, Jusoff, Kamaruzaman
• Format: Article
• Language: English
• Published: IDOSI Publications 2011
• Online Access: http://psasir.upm.edu.my/id/eprint/28505/1/Multivariate%20time%20series%20analysis%20on%20correlation%20between%20inflation%20rate%20and%20employment%20rate%20with%20gross%20domestic%20product.pdf; http://psasir.upm.edu.my/id/eprint/28505/; https://www.idosi.org/wasj/wasj12(BES)2011.htm

Bearing in mind that GDP is the main indicator of a country’s standard of living, this paper attempts to study the correlations that exist between inflation rate and employment with GDP. The variables were selected based on relevant economic theories that allow such interactions among variables. The...