Determinants of youth unemployment rate in Asia

This paper aims at finding out the determinants of Youth Unemployment Rate in Asia. The variables used in this study are the gross domestic product (GDP), population growth (POP), exchange rate (ER) and foreign direct investment (FDI). As for the sample of this study, it comprises of 100 observations each for the independent and dependent variables on a yearly basis over ten years period from 2007 to 2016. The methodology used in this study is the Regression Fixed Effect with panel data that are gathered from World Bank data. A software package called E-views will be used in finding and analyzing the data. In order to observe the relationship between the macroeconomic and demographic variables and Youth Unemployment Rate, an econometric test will be conducted during this research. Based on previous outcomes and findings, it was found that the macroeconomic and demographic variable are the factors that change the youth unemployment rate especially in Asia countries. Hence, the results of this study would give us a demonstrative perspective and could frame a critical premise for financial specialists especially policy makers towards the youth unemployment problem and create strategies and policy decisions respectively.