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Plotting labour force status shares: Interdependence and ternary plots

L. Fraser Jackson and Mohammed S Khaled

No 20289, Working Paper Series from Victoria University of Wellington, School of Economics and Finance

Abstract: Data on the proportions in each of the labour force status categories sum to one and form a composition which can be displayed with a ternary diagram. However the points lie in a small region and need to be scaled or transformed if ternary diagrams are to be a useful tool. This paper uses both scaling and transformation to study labour force status. The simple graphic illustration of patterns of movement over time emphasizes the multivariate character of the data and the changing interaction of employment, unemployment and non market work. It shows the importance of heterogeneity in the population and raises many issues about the relative magnitude of different sources of variation.

Keywords: Ternary plots; Labour force status; Composition models; Employment; Labour force plots; Unemployment (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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