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Short-Run and Long-Run Relationship of Selected Labor and Macroeconomic Indicators of Employment Rate the Case of National Capital Region

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Short-Run and Long-Run Relationship of Selected Labor and Macroeconomic Indicators of Employment Rate the Case of National Capital Region
University of Santo Tomas – Economics Society

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SHORT-RUN AND LONG-RUN RELATIONSHIP OF SELECTED LABOR AND MACROECONOMIC INDICATORS OF EMPLOYMENT RATE: THE CASE OF NATIONAL CAPITAL REGION

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By *Maynard Jasper R. Dolot *Mikhael D. Laurente *Ver Lyon Yojie V. Pilitro

College of Commerce and Business Administration Business Economics Department University of Santo Tomas 1015 España Street, Sampaloc, Manila, Philippines

November 17, 2012

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*Student, University of Santo Tomas, College of Commerce and Business Administration, Business Economics Department

University of Santo Tomas – Economics Society

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University of Santo Tomas – Economics Society ACKNOWLEDGEMENTS

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The authors of this paper would like to express their sincere gratitude to their beloved parents for their love and moral support in doing this paper; the University of Santo Tomas, College of Commerce and Business Administration-Business Economics Department for giving us the opportunity to acquire skills and knowledge to better enhance the author’s capabilities, to the UST-Economics Society and to the author’s Business Economics colleagues for the support and encouragement while the authors are doing this paper. Also, the authors would like to thank our chairperson, Mr. Ronald B. Paguta, Mr.Al FaithrichNavarrete, MA, and Asst.Prof. Marie Antoinette L. Rosete, MDE, who continue to nourish the author’s thoughts and by giving their blessing to the authors to join in this research paper competition. And most importantly, the researchers want to thank the Almighty God for the love that He gave to us, for always guiding the authors, for the knowledge that He bestowed upon the authors, and for the unending grace that the authors receive everyday.

University of Santo Tomas – Economics Society ABSTRACT This study provides evidence on the short-run and long-run relationship of selected labor and macroeconomic indicators to employment



References: Allen, J. and van der Velden R.(2001). “Educational mismatches versus skill mismatches: effects on wages, job satisfaction, and on-the-job search.” Oxford Economic Papers, 53: 434-52. Case of Turkey”, EkonomikYaklaşım, sayı 77, cilt.21, 2010.

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