Bolat, Suleyman; Tiwari, Aviral Kumar; Erdayi, Ahmet Utku - In: Applied Economics Letters 21 (2014) 8, pp. 536-540
Our article tests for hysteresis of unemployment rate for 17 Eurozone countries over the period 2000:1 to 2013:1 through the use of new nonlinear panel unit root tests by adopting the sequential panel selection method (SPSM), proposed by Chortareas and Kapetanios (2009) and a nonlinear panel...