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- W2994361682 abstract "Unemployment is generally defined as for a person who is unable to find any work to earn one’s livelihood. In year 2017, the unemployment rate of Malaysia is 3.4% which hits the peak for the past five years. Malaysian government officially commenced the unemployment insurance scheme on 1st January 2018, which is known as Employment Insurance Scheme (EIS). This paper aims to study the unemployment rate with Burr distribution, and to propose a new framework for the unemployment scheme. Maximum likelihood estimation is used to estimate the parameters. Comparison among the Burr distribution and the continuous counterparts has been done to show the superiority of the Burr distribution to interpret the data. A real data set taken from 1997-2015 of the unemployment rate in Malaysia will be considered for illustration purpose. Some important insights with regards to the unemployment scenario in Malaysia will also be revealed in this piece of study." @default.
- W2994361682 created "2019-12-13" @default.
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- W2994361682 date "2019-01-01" @default.
- W2994361682 modified "2023-10-18" @default.
- W2994361682 title "Unemployment insurance: A case study in Malaysia" @default.
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- W2994361682 doi "https://doi.org/10.1063/1.5136426" @default.
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