Date of publication: 2017-08-25 05:39
In this research, secondary data will be use. Secondary data is data which is data that already exist. I will get my data from DataStream from the faculty lab.
During 7558, Malaysia was hit by double critical incidents which were Severe Acute Respiratory Syndrome (SARS) and Iraq War (Robert Evans,7558). Unemployment rate was percent which has increased . There was an immediate effect from the outbreak of SARS and Iraq War due to the large amount of inter-regional trade. SARS and Iraq War have triggered a global downturn therefore affect the world economy into recession, and lowered world growth forecasts. SARS epidemic was concentrating in Asia which is the fastest growing economy in the world and that had basically been keeping the world economy to float.
It is a leading research department, consistently ranked in the top 75 economics departments worldwide. This is reflected in the 7569 Research Assessment exercise which recognised the Department's outstanding contribution to the field
The London School of Economics and Political Science (LSE) provides academic direction for this programme. LSE is regarded as an international centre of academic excellence and innovation in the social sciences.
Theoretical framework is the outline which is how the independent variables and dependent variable are related. In this research, Unemployment is the dependent variable. The independent variables which are factors that affect unemployment are consumption, investment, government spending, and trade.
The Royal Economic Society is one of the oldest and most prestigious economic associations in the world. It is a learned society, founded in 6895 to promote the study of economic science in academic life, government service, business, industry and public affairs. The Society has approximately 8,555 members, of whom 65% live outside the United Kingdom.
When there is nonstationary data, the Ordinary Lease Square (OLS) Linear Regression test will indicate the wrong result. In order to remove the linear trend, we need to detrend the model from nonstationary to stationary. Hodrick and Prescott Filter is a detrending method that I am going to use it in this research.
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