{"title":"Thailand Unemployment Regression Model","authors":"M. Webber, Stuart Beeksma, Ryan Kingma","doi":"10.2139/SSRN.3084157","DOIUrl":null,"url":null,"abstract":"We decided to see if there was a correlation between the unemployment rate and the Stock Exchange of Thailand (SET) from 1975-2015. We discovered that there is an overall negative correlation between the two variables. While this was expected, there is a notable positive correlation during 1979-1981, leading us to believe that this correlation during these years is due to potential slowed economic change. The overall negative correlation shows that, generally speaking, a high SET leads to low unemployment rate and vice versa in Thailand.","PeriodicalId":108284,"journal":{"name":"Econometric Modeling: International Financial Markets - Emerging Markets eJournal","volume":"09 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2017-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Econometric Modeling: International Financial Markets - Emerging Markets eJournal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/SSRN.3084157","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
We decided to see if there was a correlation between the unemployment rate and the Stock Exchange of Thailand (SET) from 1975-2015. We discovered that there is an overall negative correlation between the two variables. While this was expected, there is a notable positive correlation during 1979-1981, leading us to believe that this correlation during these years is due to potential slowed economic change. The overall negative correlation shows that, generally speaking, a high SET leads to low unemployment rate and vice versa in Thailand.