Hysteresis in unemployment: empirical evidence from Taiwan's region data based on panel unit root tests

C-Tier

Journal: Applied Economics

Year: 2007

Volume: 39

Issue: 10

Pages: 1335-1340

Authors (4)

Tsangyao Chang (Feng Chia University) Ming Jing Yang (not in RePEc) Hui-Chin Liao (not in RePEc) Chia-Hao Lee (not in RePEc)

Score contribution per author:

0.252 = (α=2.02 / 4 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

In this study, we test the hysteresis hypothesis in unemployment for Taiwan's 21 regional data sets using the Levin et al. (2002), Im et al. (2003) and Taylor and Sarno (1998) panel-based unit root tests for the June 1993 to September 2001 period. The results from all three tests provide evidence that based on Taiwan's regional unemployment data the hysteresis hypothesis can justifiably be rejected.

Hysteresis in unemployment: empirical evidence from Taiwan's region data based on panel unit root tests

Authors (4)

Abstract

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