Please use this identifier to cite or link to this item: http://earsiv.odu.edu.tr:8080/xmlui/handle/11489/4710
Title: Unraveling unemployment hysteresis in Nordic countries: a multifaceted analysis of age, gender and frequency differentials
Authors: Yilanci, Veli
Kirca, Mustafa
Canbay, Serif
Saglam, Muhlis Selman
Ordu Üniversitesi
0000-0002-5630-7525
0000-0001-5738-690X
0000-0002-2035-221X
Keywords: Nonlinearity, Structural breaks, Unemployment hysteresis, Wavelet decomposition, Age, Gender
UNIT-ROOT TESTS, OECD COUNTRIES, EMPLOYMENT, RATES, PERSISTENCE, DYNAMICS, POLICIES
Issue Date: 2023
Publisher: EMERALD GROUP PUBLISHING LTD-Leeds
Citation: Yilanci, V., Kirca, M., Canbay, S., Saglam, MS. (2023). Unraveling unemployment hysteresis in Nordic countries: a multifaceted analysis of age, gender and frequency differentials. Int. J. Manpow.. https://doi.org/10.1108/IJM-03-2023-0147
Abstract: PurposeThis study aims to test the unemployment hysteresis hypothesis for Nordic countries by considering age and gender differentials at various frequencies.Design/methodology/approachFirst, the authors test the linearity of the unemployment series and apply appropriate unit root tests based on the linearity test results. The authors use these tests for both original and wavelet-decomposed unemployment rates.FindingsThe authors' findings indicate that the results obtained from the original and decomposed series differ. While the authors find evidence of unemployment hysteresis in the six unemployment rates in the short run, they observe supportive results for hysteresis in the three unemployment rates in the long run.Originality/valueThe authors take into account different age and gender groups. Furthermore, the authors propose a testing strategy for unemployment hysteresis that considers the nonlinearity and structural breaks in unemployment rates. Finally, the authors determine whether the unemployment hysteresis is valid at various frequencies.
Description: WoS Categories: Industrial Relations & Labor; Management
Web of Science Index: Social Science Citation Index (SSCI)
Research Areas: Business & Economics
URI: http://dx.doi.org/10.1108/IJM-03-2023-0147
https://www.webofscience.com/wos/woscc/full-record/WOS:001129431800001
http://earsiv.odu.edu.tr:8080/xmlui/handle/11489/4710
ISSN: 0143-7720
1758-6577
Appears in Collections:İktisat

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