properties of Greek regional unemployment rates using recently developed and more powerful panel unit-root tests, such as the … Lagrange Multiplier (LM) panel unit root test of Im et al. (2010), that allow for level and trend breaks, heterogeneity and … cross-sectional dependence in the panel. The results show that in all cases, after taking into account the fact that …

theory. We perform a panel data analysis using quarterly observations for the G-7 economies in the post-Bretton Woods era …