A new test for analysing hysteresis in European unemployment
This article proposes a new unit root test to analyse unemployment hysteresis. The test is able to incorporate cross-sectional dependence, unattended nonlinearity and unknown structural breaks in the time-series data. This study used data on unemployment in five European countries. The findings indi...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Published: |
Taylor & Francis
2017
|
| Subjects: | |
| Online Access: | http://eprints.um.edu.my/17616/ http://dx.doi.org/10.1080/13504851.2016.1257209 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|