The impact of inflation and economic growth on unemployment
| dc.contributor.author | Ayesha Wajid | |
| dc.contributor.author | Rukhsana Kalim | |
| dc.date.accessioned | 2014-01-08T11:48:52Z | |
| dc.date.available | 2014-01-08T11:48:52Z | |
| dc.date.issued | 2013 | |
| dc.description.abstract | This study is conducted to explore the impact of inflation and economic growth along with trade openness and urban population on unemployment for a case of Pakistan for the period from 1973 – 2010. This study uses Augmented Dickey Fuller (1981) Test to test unit root problem and in order to find out the long run relationship among unemployment; inflation, economic growth, trade openness and urban population as share of total population, we have applied Johansen – Juselius (1990) Maximum Likelihood Approach. This study concludes that inflation significantly increases unemployment in the long term; economic growth has a significant adverse impact on unemployment in the long run and in the short run respectively, and the impact of trade openness on unemployment is positively and insignificant in the long run but this impact becomes significant in the short run. Finally, the findings of the study sheds light on the impact of urban population as share of total population on unemployment for both long run and short run, and it has found that urban population as share of total population has an adverse impact on unemployment in the long run as well as in the short run. | en_US |
| dc.identifier.citation | Wajid, A. and R. Kalim (2013)"THE IMPACT OF INFLATION AND ECONOMIC GROWTH ON UNEMPLOYMENT." Paper presented at 3rd International Conference on Business Management (ICoBM), UMT, Lahore, Pakistan. | en_US |
| dc.identifier.uri | https://escholar.umt.edu.pk/handle/123456789/928 | |
| dc.language.iso | en | en_US |
| dc.publisher | 3rd International Conference UMT, Lahore | en_US |
| dc.subject | Pakistan | en_US |
| dc.subject | Unemployment | en_US |
| dc.subject | Inflation | en_US |
| dc.subject | Trade Openness | en_US |
| dc.subject | Real GDP Per Capita | en_US |
| dc.subject | Urban Population as share of Total Population | en_US |
| dc.title | The impact of inflation and economic growth on unemployment | en_US |
| dc.title.alternative | Time Series Evidence from Pakistan | en_US |
| dc.type | Article | en_US |