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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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