Correlation between inflation rate and employment with gross demostic product / Alias Teh Sofia

This paper attempts to study the correlation exist between inflation rate and employment with gross domestic product. The variables were selected based on relevant economic theories that allow for the interaction among inflation rate and total employment in addition to response to gross domestic pro...

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Main Author: Alias, Teh Sofia
Format: Student Project
Language:English
Published: Faculty of Business and Management 2010
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/19172/
http://ir.uitm.edu.my/id/eprint/19172/2/PPb_TEH%20SOFIA%20ALIAS%20BM%20T%2010_5.pdf
id uitm-19172
recordtype eprints
spelling uitm-191722018-12-18T07:18:47Z http://ir.uitm.edu.my/id/eprint/19172/ Correlation between inflation rate and employment with gross demostic product / Alias Teh Sofia Alias, Teh Sofia Management. Industrial Management Money and prices. Inflation. Deflation. Purchasing power This paper attempts to study the correlation exist between inflation rate and employment with gross domestic product. The variables were selected based on relevant economic theories that allow for the interaction among inflation rate and total employment in addition to response to gross domestic product. In order to achieve this objective, the Vector Error Corrected Model (VECM) is employed to determine the relationship between the variables selected in the long run. As a result, the researcher found that inflation rate is not affect the gross domestic product in the long run but employment has negative relation with gross domestic product. Besides that, Granger Causality is applied to test the causality between the variables. The findings revealed that both of independent variables have uni- directional with gross domestic product in the short run. Faculty of Business and Management 2010 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/19172/2/PPb_TEH%20SOFIA%20ALIAS%20BM%20T%2010_5.pdf Alias, Teh Sofia (2010) Correlation between inflation rate and employment with gross demostic product / Alias Teh Sofia. [Student Project] (Unpublished)
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
topic Management. Industrial Management
Money and prices. Inflation. Deflation. Purchasing power
spellingShingle Management. Industrial Management
Money and prices. Inflation. Deflation. Purchasing power
Alias, Teh Sofia
Correlation between inflation rate and employment with gross demostic product / Alias Teh Sofia
description This paper attempts to study the correlation exist between inflation rate and employment with gross domestic product. The variables were selected based on relevant economic theories that allow for the interaction among inflation rate and total employment in addition to response to gross domestic product. In order to achieve this objective, the Vector Error Corrected Model (VECM) is employed to determine the relationship between the variables selected in the long run. As a result, the researcher found that inflation rate is not affect the gross domestic product in the long run but employment has negative relation with gross domestic product. Besides that, Granger Causality is applied to test the causality between the variables. The findings revealed that both of independent variables have uni- directional with gross domestic product in the short run.
format Student Project
author Alias, Teh Sofia
author_facet Alias, Teh Sofia
author_sort Alias, Teh Sofia
title Correlation between inflation rate and employment with gross demostic product / Alias Teh Sofia
title_short Correlation between inflation rate and employment with gross demostic product / Alias Teh Sofia
title_full Correlation between inflation rate and employment with gross demostic product / Alias Teh Sofia
title_fullStr Correlation between inflation rate and employment with gross demostic product / Alias Teh Sofia
title_full_unstemmed Correlation between inflation rate and employment with gross demostic product / Alias Teh Sofia
title_sort correlation between inflation rate and employment with gross demostic product / alias teh sofia
publisher Faculty of Business and Management
publishDate 2010
url http://ir.uitm.edu.my/id/eprint/19172/
http://ir.uitm.edu.my/id/eprint/19172/2/PPb_TEH%20SOFIA%20ALIAS%20BM%20T%2010_5.pdf
first_indexed 2023-09-18T23:02:00Z
last_indexed 2023-09-18T23:02:00Z
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