Author/Authors
SARAÇ, Taha Bahadır Niğde Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - İktisat Bölümü, Turkey
Title Of Article
Hysteresis Effect in Unemployment: Turkey Case
شماره ركورد
44445
Abstract
In this study which examines the hysteresis effect between January 2005 and July 2013 in Turkey and whether the unemployment series rates can be used in studying hysteresis effect or not, it has been concluded that the unemployment series and labor force participation rate series are stable according to the results of linear unit root test and the unemployment series are stable only at one regime according to the result of nonlinear unit root test. In the light of these results, it has been suggested that the hysteresis effect at unemployment in Turkey is valid only in one regime and the unemployment rates variable can be used to reflect hysteresis effect at unemployment.
From Page
335
NaturalLanguageKeyword
Unemployment , hysteresis effect , nonlinear unit root test
JournalTitle
Ege Academic Review (EAR)
To Page
344
JournalTitle
Ege Academic Review (EAR)
Link To Document