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A simple mathematical model for unemployment: a case study in Portugal with optimal control
- Source :
- Stat. Optim. Inf. Comput. 6 (2018), no. 1, 116--129
- Publication Year :
- 2017
-
Abstract
- We propose a simple mathematical model for unemployment. Despite its simpleness, we claim that the model is more realistic and useful than recent models available in the literature. A case study with real data from Portugal supports our claim. An optimal control problem is formulated and solved, which provides some non-trivial and interesting conclusions.<br />Comment: This is a preprint of a paper whose final and definite form will appear in 'Statistics, Optimization and Information Computing' (see [http://www.IAPress.org]). Submitted 27-Oct-2017; revised 19-Dec-2017; accepted 29-Dec-2017
Details
- Database :
- arXiv
- Journal :
- Stat. Optim. Inf. Comput. 6 (2018), no. 1, 116--129
- Publication Type :
- Report
- Accession number :
- edsarx.1801.00058
- Document Type :
- Working Paper
- Full Text :
- https://doi.org/10.19139/soic.v6i1.470