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

Magnet, Why Magnet show north south pole

Why Magnet show north south pole

What is bond premium and face value of bond, Defining of bond premium in te...

Defining of bond premium in terms of the amount paid over the face value of the bond. And the amount over and above the Face Value of bond which the purchaser pays is called Bond P

Optics, A thief is running away in his car with a velocity of 20m/s.A polic...

A thief is running away in his car with a velocity of 20m/s.A police jeep is following him which is sighted by the thief in his rearview mirror, a convex mirror of focal length 10m

one-way anova and hypothesis , Suppose we wanted to compare the somatic co...

Suppose we wanted to compare the somatic complaints (as measured on a scale known as the Physical Symptom Survey or PSS) of three groups of people; nonsmokers, smokers, and people

Advantages of ifrs over the other accounting standards, IFRS has a lot of a...

IFRS has a lot of advantages over the other accounting standards - Provides consistency Ensures better comparability across organizations across the globe Decreases the c

Cost accounting, To bring Mr. Kid to justie, the company must reconstruct i...

To bring Mr. Kid to justie, the company must reconstruct its activities for June. You have been assigned to perform the task of reconstruc*ion. After interviewing selected employee

Probability, A bag contain 5 white, 7 red and 8 black balls. If four balls ...

A bag contain 5 white, 7 red and 8 black balls. If four balls are drawn one by one without Replacement, find the probability of getting all white balls.

Who is APPROVING MANAGER , APPROVING MANAGER An individual within an agenc...

APPROVING MANAGER An individual within an agency who is responsible for assigning buy card custodians and developing buy card limits within the organization.

Financial accounting, when the closing inventory is understated, the profit...

when the closing inventory is understated, the profit for the period will

Three major accounts and their rules, Three major Accounts and their Rules ...

Three major Accounts and their Rules There are three major Records which are a) Personal Accounts b) Real Accounts c) Moderate Accounts Rule for Personal Account: Ch

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