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Hybrid Model for Unemployment Impact on Social Life

[journal article]

Popîrlan, Claudiu-Ionuţ
Tudor, Irina-Valentina
Dinu, Constantin-Cristian
Stoian, Gabriel
Popîrlan, Cristina
Dănciulescu, Daniela

Abstract

In this paper, we want to examine how unemployment impacts social life, and, by using datasets from six European countries, we analyze the effect of unemployment on two of the main aspects of social life: social exclusion and life satisfaction. First, we predict unemployment rates using the Auto Reg... view more

In this paper, we want to examine how unemployment impacts social life, and, by using datasets from six European countries, we analyze the effect of unemployment on two of the main aspects of social life: social exclusion and life satisfaction. First, we predict unemployment rates using the Auto Regressive Integrated Moving Average (ARIMA) model and the results are further used in a linear regression model alongside social exclusion and life satisfaction data, thus obtaining the hybrid model. With the help of the point prediction method, we use the hybrid model to predict new values for the two aspects of social life for the upcoming three years and we analyze the results obtained in order to better understand their interconnection. The results suggest that unemployment has particularly adverse effects on the subjective perception of life satisfaction, furthermore increasing the social exclusion percentage.... view less

Keywords
model; regression; unemployment; satisfaction with life; exclusion; social participation

Classification
General Sociology, Basic Research, General Concepts and History of Sociology, Sociological Theories
Social Problems

Free Keywords
EU-SILC; hybrid model; ARIMA model; linear regression model; social life; social exclusion

Document language
English

Publication Year
2021

Page/Pages
p. 1-18

Journal
Mathematics, 9 (2021) 18

DOI
https://doi.org/10.3390/math9182278

ISSN
2227-7390

Status
Published Version; peer reviewed

Licence
Creative Commons - Attribution 4.0


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© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.