arXiv · 1801.00058
A simple mathematical model for unemployment: a case study in Portugal with optimal control
Abstract
We propose a simple mathematical model for unemployment. Despite its simpleness, we claim that the model is more realistic and useful than recent models available in the literature. A case study with real data from Portugal supports our claim. An optimal control problem is formulated and solved, which provides some non-trivial and interesting conclusions.
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Anibal Galindro, Delfim F. M. Torres. 2017-12-29. A simple mathematical model for unemployment: a case study in Portugal with optimal control. https://doi.org/10.19139/soic.v6i1.470
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