A Statistical Analysis of Regional-Unemployment Series

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Abstract
In this paper statistical techniques from time-domain and frequency-domain analyses are employed to study the temporal variations in regional-unemployment rates. The focus is on a decomposition of the series into a number of periodic components. By means of an empirical application to a set of Dutch regions, it is studied whether or not the results for both types of analysis lead to similar conclusions. It is found that global conclusions with respect to interregional differences in periodic sensitivity are similar for both approaches.