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International Journal of Economics and Financial Issues

Yıl 2014 , Cilt 4 , Sayı 1

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Makale özeti
Başlık :

Unemployment hysteresis in turkey: does education matter?

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Yazar kurumları :
Erciyes University, The Faculty of Economics and Administrative Sciences, 38039, Kayseri, Turkey1, Nevsehir Hacı Bektas Veli University, The Faculty of Economics and Administrative Sciences, 503
Görüntülenme :
221
DOI :
Özet Türkçe :

This paper re-examines the empirical validity of the hysteresis hypothesis in unemployment rates in terms of education level in Turkey with minimum Lagrange Multiplier (LM) unit root methodology. Our empirical findings indicate that the time series properties of high and vocational high school educated unemployment rates are different than the overall unemployment rate and other educational unemployment rates.

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