Unemployment Hysteresis in the Us and the EU : A Panel Data Approach

This paper applies the panel unit root test proposed by Im, Pesaran and Shin (1997) to test for unemployment hysteresis in the US states and the EU countries against the alternative of a natural rate. The results show that hysteresis for the EU and the natural rate for the US states are the most plausible hypotheses

MoreLess

Year of publication:	2001
Authors:	Leon-Ledesma, Miguel A.
Publisher:	[S.l.] : SSRN
Subject:	Arbeitslosigkeit \| Unemployment \| Panel \| Panel study \| Hysterese \| Hysteresis \| EU-Staaten \| EU countries \| Vergleich \| Comparison
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Bulletin of Economic Research Volltext nicht verfügbar
Classification:	E24 - Employment; Unemployment; Wages ; C22 - Time-Series Models ; C23 - Models with Panel Data
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014132247