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Short Note on the Unemployment Rate of the French Overseas Regions

J-F. Hoarau, Claude Lopez and M. Paul

Working papers from Banque de France

Abstract: This article analyzes the hysteresis hypothesis in the unemployment rates of the four French overseas regions (Guadeloupe, Martinique, Guyana, Reunion) [FORs] over the period 1993-2008. We use standard univariate and panel unit root tests, among them Choi (2006) and Lopez (2009) that account for cross-sectional dependence and have improved performance when the number of countries and the time dimension of the data are limited. Our results cannot reject the null hypothesis of a unit root and so find evidence supporting hysteresis in the unemployment rates for the FORs.

Keywords: panel unit root; unemployment; hysteresis. (search for similar items in EconPapers)
JEL-codes: C32 F31 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2011
New Economics Papers: this item is included in nep-lab
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https://publications.banque-france.fr/sites/defaul ... g-paper_337_2011.pdf (application/pdf)

Related works:
Working Paper: Short Note on the Unemployment Rate of the French Overseas Regions (2011)
Journal Article: Short Note on the Unemployment Rate of the “French overseas regions” (2010) Downloads
Working Paper: Short Note on the Unemployment Rate of the French Overseas Regions (2009) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:banfra:337

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