期刊名称:International Journal of Economics and Financial Issues
电子版ISSN:2146-4138
出版年度:2014
卷号:4
期号:1
页码:35-39
语种:English
出版社:EconJournals
摘要: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. Keywords: unemployment; business cycles; hysteresis, Turkey JEL Classifications: J21; J64