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Common smooth transition trend-stationarity in European unemployment
dc.contributor.author | Franchi, M. | |
dc.contributor.author | Ordóñez, Javier | |
dc.date.accessioned | 2012-05-28T14:36:36Z | |
dc.date.available | 2012-05-28T14:36:36Z | |
dc.date.issued | 2008 | |
dc.identifier | http://dx.doi.org/10.1016/j.econlet.2008.06.018 | |
dc.identifier.citation | Economics Letters, 101, 2, p. 106-109 | |
dc.identifier.issn | 1651765 | |
dc.identifier.uri | http://hdl.handle.net/10234/38972 | |
dc.description.abstract | This paper analyzes the hypothesis of hysteresis in Europe. The results are favorable to smooth transition trend-stationarity in European unemployment rates around highly persistent structural changes. In addition, we find evidence of a common force that generates this nonlinear behavior. © 2008 Elsevier B.V. All rights reserved. | |
dc.language.iso | eng | |
dc.publisher | Elsevier | |
dc.rights.uri | http://rightsstatements.org/vocab/CNE/1.0/ | * |
dc.subject | European Union | |
dc.subject | STAR model | |
dc.subject | Unemployment | |
dc.subject | Unit root | |
dc.title | Common smooth transition trend-stationarity in European unemployment | |
dc.type | info:eu-repo/semantics/article | |
dc.identifier.doi | http://dx.doi.org/10.1016/j.econlet.2008.06.018 | |
dc.rights.accessRights | info:eu-repo/semantics/restrictedAccess |
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