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Hysteresis in unemployment for 17 OECD countries: Stationary test with a Fourier function

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  • Chang, Tsangyao

Abstract

In this empirical study, we apply stationary test with a Fourier function proposed by Becker et al. (2006) to re-examine the hysteresis hypothesis in unemployment for 17 OECD countries over the 1960 to 2009 period. The hysteresis in unemployment is confirmed for most of these 17 OECD countries, with the exception of Australia, Canada, Finland, France, Sweden and the USA, when Becker et al.'s (2006) stationary test with a Fourier function is conducted.

Suggested Citation

  • Chang, Tsangyao, 2011. "Hysteresis in unemployment for 17 OECD countries: Stationary test with a Fourier function," Economic Modelling, Elsevier, vol. 28(5), pages 2208-2214, September.
  • Handle: RePEc:eee:ecmode:v:28:y:2011:i:5:p:2208-2214
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    Citations

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    Cited by:

    1. Cheng, Shu-Ching & Wu, Tsung-pao & Lee, Kuei-Chiu & Chang, Tsangyao, 2014. "Flexible Fourier unit root test of unemployment for PIIGS countries," Economic Modelling, Elsevier, vol. 36(C), pages 142-148.
    2. repec:voj:journl:v:64:y:2017:i:2:p:189-222 is not listed on IDEAS
    3. repec:spr:empeco:v:53:y:2017:i:4:d:10.1007_s00181-016-1196-z is not listed on IDEAS
    4. Chang, Ming-Jen & Su, Che-Yi, 2014. "Hysteresis versus natural rate in Taiwan's unemployment: Evidence from the educational attainment categories," Economic Modelling, Elsevier, vol. 43(C), pages 293-304.
    5. Vuyo Pikoko & Andrew Phiri, 2018. "Is there hysteresis in South African unemployment? Evidence form the post-recessionary period," Working Papers 1803, Department of Economics, Nelson Mandela University, revised Jan 2018.
    6. repec:bmo:bmoart:v:4:y:2017:i:2:p:1-16 is not listed on IDEAS
    7. Furuoka, Fumitaka, 2014. "Hysteresis in European labour market," MPRA Paper 60946, University Library of Munich, Germany.
    8. Melis Tartici, 2015. "A Reinvestigation of the Hysteresis Hypothesis in the OECD Countries," Econometrics Letters, Bilimsel Mektuplar Organizasyonu (Scientific letters), vol. 2(1), pages 22-40.
    9. Furuoka, Fumitaka, 2014. "Unemployment hysteresis in Central Asia," MPRA Paper 60323, University Library of Munich, Germany.
    10. repec:spr:empeco:v:53:y:2017:i:3:d:10.1007_s00181-016-1164-7 is not listed on IDEAS

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