Unemployment hysteresis analysis for OECD countries

Muhammed Tıraşoğlu

Theoretical and Applied Economics, 2019, vol. XXVI, issue 4(621), Winter, 53-62

Abstract: 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.

Keywords: unemployment; unemployment hysteresis; nonlinear unit root test; OECD countries. (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://store.ectap.ro/articole/1419.pdf (application/pdf)
http://www.ectap.ro/articol.php?id=1419&rid=137 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxvi:y:2019:i:4(621):p:53-62

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().