ECTAP
 
HomeDespre ECTAEventsPolitica editorialaTrimite un articolParteneri / link-uri utileArchiveAbonamentContact
 

ISSN 1841-8678   (print)
ISSN 1844-0029   (online)

News

Archive ECTAP

Note: for the period 1994-2003 the archive of the magazine will not be available online

Supplements ECTAP

If you cannot open the pdf file you need Adobe Reader.
download Adobe Reader

Creative Commons License

Theoretical and Applied Economics
No. 4 / 2013 (581)

Hysteresis in unemployment: an empirical research for three member states of the European Union

Chaido DRITSAK
Technological Institute of Western Macedonia
Melina DRITSAKI
Brunel University, London

Abstract. This empirical paper investigates the hysteresis in unemployment in the case of three European countries namely Greece, Ireland and Portugal for the period 1984-2010. This study uses three classical unit-root tests, and a number of panel unit root tests, which are known to overcome specification problems, to check the existence of hysteresis in unemployment data from three European Union countries. The empirical results do not reject a unit root in the unemployment rates. This suggests that the unemployment hysteresis hypothesis exists in all three countries.

Keywords: hysteresis; unemployment rate; panel unit root test.

Download the full article:  

Contents

The nomination of the market
Marin Dinu

Open acces

ECTAP

Search

BOOKS

The Economicity. The Epistemic Landscape, Marin Dinu, 2016

Partners


ISSN 1841-8678 (ediția print) / ISSN 1844-0029 (ediția online)
© Copyright Asociația Generală a Economiștilor din România (AGER) / General Association of Economists From Romania  (GAER)
Redacția: 010702, București, Calea Griviței nr. 21, sector 1, E-mail: economia.ta@edeconomica.com

© 2006-2019 AGER