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UNEMPLOYMENT HYSTERESIS WITH FOURIER STRUCTURAL BREAK UNIT ROOT TEST: THE CASE OF TURKEY

Journal of Applied Research in Finance and Economics

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Title UNEMPLOYMENT HYSTERESIS WITH FOURIER STRUCTURAL BREAK UNIT ROOT TEST: THE CASE OF TURKEY
 
Creator ÇEKİÇ, Anıl
 
Description Unemployment is a highly significant subject for both our country and the other countries because of the moral, material and social negativities which it exposes. In this context, many opinions were raised in order to investigate the reasons for unemployment rates that have increased especially after the oil shock and not been able to revert back. The aim of this study is exploring the Hypothesis of Hysteresis, one of these opinions, with looking at the unemployment rates between 1923 and 2007 for Turkey. In the study, Fourier Unit Root Test with structural break was used as the method. The results of ADF Unit Root Test which is widely used in literature are included at the same time. At the end of analysis, findings in the direction that The Hypothesis of Unemployment Hysteresis is valid for Turkey were obtained as the parallel of the widespread view in the literature.
 
Publisher Journal of Applied Research in Finance and Economics
 
Date 2016-09-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.jarfe.org/index.php/jarfe/article/view/13
 
Source Journal of Applied Research in Finance and Economics; Vol 2 No 3 (2016): Issue 2-3; 14-19
2458-8083
 
Language eng
 
Relation http://www.jarfe.org/index.php/jarfe/article/view/13/13
 
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