Oecd database exercise , Basic Statistics

Assignment Help:

For this second assignment you will have to use the OECD database to investigate possible changes in the policy preferences of Western welfare states. You have to develop (i) an indicator to measure how much a country spends on unemployment benefits per registered unemployed; (ii) an indicator that measures how much it spends on old age pensions per person of 65 or more. Subsequently you have to relate both indicators in a scatter plot and a line of best fit. As you will learn throughout this block, it is important that the countries in your plot remain identifiable.

(1) As a first step you have to retrieve data from the statistics portal of the OECD to develop your two indicators: expenditure data and data on the number of potential recipients (i.e. the number of unemployed and the number of people aged 65 or more). You have to choose two points in time (and in order to be able to observe a meaningful trend, those points should not be too close to one another. You must be able to obtain data for at least 12 OECD countries, amongst which the Netherlands (you can choose the other countries, but you will see that you will be constrained by the availability of data). Part of the exercise is that you learn to find your way in the maze of links on the website.

(2) Next you must figure out a way to represent graphically the relationship between your indicators so that you can capture both different expenditure patterns between countries, as well as changes within the same country over time. Hint: you can best make three scatter plots plotting (i) your two indicators against one another for year x; (ii) your two indicators for year y; and (iii) changes in your two indicators between year x and year y. For each plot you should add a trendline. You can best draw scatter plots using Excel or if you prefer SPSS. Make sure that the points in your plot are clearly labelled (in case you do not succeed to add labels using the software, do it manually).


Related Discussions:- Oecd database exercise

Automated clearing house (ach) , Automated clearing house (ach) A across ...

Automated clearing house (ach) A across the country settlement and selection program that provides for automated submission and arrangement of resources. Although the phrase Elec

Nucleus Composition, The study of radioactive disintegrations indicates the...

The study of radioactive disintegrations indicates the emission of alpha, beta and gamma particles/rays to be of nuclear origin. Further, study of artificial radioactivity has reve

Long term credit decision, Long Term Credit Decision In no more than o...

Long Term Credit Decision In no more than one typed page, provide a statement of your decision to lend or not lend to this company based on your interpretation of the company'

QT, Following is the trend equation for a time series data on a monthly bas...

Following is the trend equation for a time series data on a monthly basis for years 2007 to 2009: Y=2.375+0.895X. Find Y for 2nd quarter of 2010.

Statistics for management, characteristics of statistics and any two applic...

characteristics of statistics and any two application of statistics

Define accounting Actuarial basis , A basis used in processing the quantity...

A basis used in processing the quantity of advantages to be created regularly to a finance or consideration so that the complete advantages plus the complicated income thereon will

Accounting for partnerships and limited liability companies, Tim Snyder and...

Tim Snyder and Jay Wise have decided to form a partnership. They have agreed that Snyder is to invest 30000 and Wise is to invest 40000. Snyder is to devote full time to the busi

Calculate the probability of monthly return income, 1. It is often a good i...

1. It is often a good idea to start by visualizing the data. Time series data should have "time" on the horizontal axis. What are you going to have on the vertical axis? If you use

Determine the relative strength, The results of a study using focused compa...

The results of a study using focused comparison techniques showed that two independent variables distinguished between successful and unsuccessful negotiations with the US on secur

Limitation of the accounting, Limitation of the Accounting. It informati...

Limitation of the Accounting. It information only accounting purchase, it is restricted to the accounting purchase only, and for example other elements which are not having any

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd