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

被引:10
|
作者
Chang, Tsangyao [1 ]
Yang, Ming Jing
Liao, Hui-Chin
Lee, Chia-Hao
机构
[1] Feng Chia Univ, Dept & Grad Inst Finance, Taichung 40724, Taiwan
[2] Feng Chia Univ, Dept & Grad Inst Econ, Taichung 40724, Taiwan
关键词
D O I
10.1080/00036840500486516
中图分类号
F [经济];
学科分类号
02 ;
摘要
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 canjustifiably be rejected.
引用
收藏
页码:1335 / 1340
页数:6
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