Unemployment hysteresis analysis for OECD countries

Autor:	Muhammed TIRAŞOĞLU
Jazyk:	angličtina
Rok vydání:	2019
Předmět:	unemployment unemployment hysteresis nonlinear unit root test oecd countries Business HF5001-6182 Economic theory. Demography HB1-3840 Economics as a science HB71-74
Zdroj:	Theoretical and Applied Economics, Vol XXVI, Iss 4, Pp 53-62 (2019)
Druh dokumentu:	article
ISSN:	1841-8678 1844-0029
Popis:	Unemployment is one of the main problems of many developed and developing countries. The two concepts used to examine the structure of unemployment are unemployment hysteresis and natural unemployment rate. The aim of this study is to investigate the validity of the unemployment hysteresis in 32 OECD countries for the period January 2005 - July 2017. The nonlinear unit root test by Kruse (2011) and the test by Güriş (2018) that take into consideration structural breaks and nonlinearity were used in the analyses. The findings indicate that the unemployment hysteresis in the OECD countries is generally valid according to both test results.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/e7e0a28dc6864329bfefc97baba4bd87 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF