Qualitative and quantitative analyses of unemployment in Malaysia
This paper attempts to provide a overview of the determinants of unemployment in Malaysia. Unemployment’s influencing factors are traditionally described as either micro- or macroeconomic to a nation. A qualitative investigation of the microeconomic variables for unemployment in Malaysia and a quant...
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| Main Author: | |
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| Format: | Thesis |
| Language: | eng eng |
| Published: |
2015
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| Subjects: | |
| Online Access: | https://etd.uum.edu.my/4625/1/s814086.pdf https://etd.uum.edu.my/4625/2/s814086_abstract.pdf |
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| Summary: | This paper attempts to provide a overview of the determinants of unemployment in Malaysia. Unemployment’s influencing factors are traditionally described as either micro- or macroeconomic to a nation. A qualitative investigation of the microeconomic variables for unemployment in Malaysia and a quantitative time series analysis of macroeconomic variables for unemployment in Malaysia are made. The shift of the secondary sector towards thetertiary sector and the use of high-tech
production is held to be of importance for the unemploymentrate in Malaysia. On a macroeconomic level, GDP per capita and the inflation rate, Okun’s Law and the Phillips Curve, are analyzed. This study provides an overview of Malaysian unemployment in both a qualitative and quantitative sense. It forms the foundation of comparison of economical phases gone through by developed countries. |
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