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Testing the validity of hysteresis hypothesis for Turkey with CKP multiple structural breaks unit root test

Title	Testing the validity of hysteresis hypothesis for Turkey with CKP multiple structural breaks unit root test
Author	Yildirim, Selim
Subject	Business, Economic theory, Empirical research, Hypothesis, Social sciences, Structural change, Turkey, Unemployment
Type	Periodical
Language	Turkish
Digital	No
Manuscript	No
Library:	Harvard Library
Library Asset ID	ISSN: 1309-8012, EISSN: 1309-8012
Record ID	TN_cdi_proquest_miscellaneous_1355849502
Library Location	CHECK ACCESS OPTIONS
Notes	Hysteresis hypothesis states that effects of a shock on unemployment is permanent. In this paper hysteresis hypothesis for Turkey is tested, using unit root tests on series between 1923 and 2010 with yearly frequency. The existence of structural changes is examined with Bai-Perron multiple structural breaks test. This empirical analysis depicts that the model with the level and trend breaks fits the series better. Therefore the unit root test is implemented for level and trend while multiple structural breaks are taken into consideration. As a result the unit root test states that hysteresis hypothesis hold for Turkey for the given period.
Parçası olduğu kaynak	Sosyal ve Beşerî Bilimler Dergisi, 1901-01, Vol.11 (22), p.28-47
Kaynak	International Bibliography of the Social Sciences (IBSS)
Başlık	Testing the validity of hysteresis hypothesis for Turkey with CKP multiple structural breaks unit root test

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Other Editions

Record ID: 5224998

Harvard Library

Testing the validity of hysteresis hypothesis for Turkey with CKP multiple structural breaks unit root test

Author Yildirim, Selim

Subject Business, Economic theory, Empirical research, Hypothesis, Social sciences, Structural change, Turkey, Unemployment

Type Periodical

Language Turkish

Digital No

Manuscript No

Library Harvard Library

Library Asset ID ISSN: 1309-8012, EISSN: 1309-8012

Record ID TN_cdi_proquest_miscellaneous_1355849502

Library Location CHECK ACCESS OPTIONS

Notes Hysteresis hypothesis states that effects of a shock on unemployment is permanent. In this paper hysteresis hypothesis for Turkey is tested, using unit root tests on series between 1923 and 2010 with yearly frequency. The existence of structural changes is examined with Bai-Perron multiple structural breaks test. This empirical analysis depicts that the model with the level and trend breaks fits the series better. Therefore the unit root test is implemented for level and trend while multiple structural breaks are taken into consideration. As a result the unit root test states that hysteresis hypothesis hold for Turkey for the given period.

Parçası olduğu kaynak Sosyal ve Beşerî Bilimler Dergisi, 1901-01, Vol.11 (22), p.28-47

Kaynak International Bibliography of the Social Sciences (IBSS)

Başlık Testing the validity of hysteresis hypothesis for Turkey with CKP multiple structural breaks unit root test

Other Editions

Testing the validity of hysteresis hy... Record ID: 5224998