Wednesday April 4, 2018 1:00 p.m. Yost 306

Research Project Advisor: Dr. Anirban Mondal

Title: Time Series Analysis of Wage Level in the U.S.

Abstract: In 2008, the US suffered its worst economic crisis in decades. While the economy jumped out of recession swiftly and the job market kept adding jobs, many Americans are still feeling the pain of recession because they are not earning as much as they want to. This project conducted a time series analysis on American wage level for the last 40 years and five other possible predictors to determine the best model that can predict the wage level in the US. The project also tested the accuracy of possible models with observed data.