Abstract
This work aims to give new insight into the nonlinear correlation between unemployment, institutional quality, and poverty in the Philippines. To this end, we analyze data from 2001 to 2019 using a nonlinear Autoregressive Distributed Lag Model. The results provide insight that poverty moves asymmetrically due to positive or negative shocks in unemployment and institutional quality. Moreover, the results reveal that applying linear models in poverty modeling may be misleading. The findings of the study imply that policymakers should consider the nonlinear behavior of poverty for more efficient policymaking.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
