Table 5.
Variable selection
| Model | Independent variable | Link | Distribution | AIC | SIC |
|---|---|---|---|---|---|
| 1 | UNEMP_M | Log | Poisson | 715.841 | 726.533 |
| Negative Binomial | 708.775 | 722.139 | |||
| Identity | Poisson | 716.998 | 727.689 | ||
| Negative Binomial | 709.553 | 722.917 | |||
| 2 | UNEMP_F | Log | Poisson | 717.166 | 727.860 |
| Negative Binomial | 709.724 | 723.088 | |||
| Identity | Poisson | 748.786 | 759.478 | ||
| Negative Binomial | 728.776 | 742.140 | |||
| 3 | INFLATION | Log | Poisson | 721.022 | 731.713 |
| Negative Binomial | 712.427 | 725.791 | |||
| Identity | Poisson | 720.211 | 730.902 | ||
| Negative Binomial | 711.899 | 725.264 | |||
| 4 |
UNEMP_M UNEMP_F |
Log | Poisson | 696.096 | 709.460 |
| Negative Binomial | 692.809 | 710.940 | |||
| Identity | Poisson | 744.111 | 757.475 | ||
| Negative Binomial | 727.125 | 743.162 | |||
| 5 |
UNEMP_M UNEMP_F INFLATION |
Log | Poisson | 692.838 | 708.870 |
| Negative Binomial | 694.904 | 711.519 | |||
| Identity | Poisson | 750.584 | 766.621 | ||
| Negative Binomial | 731.596 | 750.306 |
The bold characters in the table indicate the appropriately selected model