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

Name: Testing the validity of hysteresis hypothesis for Turkey with CKP multiple structural breaks unit root test
Author: Yildirim, Selim

İsim	Testing the validity of hysteresis hypothesis for Turkey with CKP multiple structural breaks unit root test
Yazar	Yildirim, Selim
Konu	Business, Economic theory, Empirical research, Hypothesis, Social sciences, Structural change, Turkey, Unemployment
Tür	Süreli Yayın
Dil	Türkçe
Dijital	Evet
Yazma	Hayır
Kütüphane:	Washington Üniversitesi
Demirbaş Numarası	ISSN: 1309-8012, EISSN: 1309-8012
Kayıt Numarası	cdi_proquest_miscellaneous_1355849502
Lokasyon	Check availability & request options
Tarih	Sosyal ve Beşerî Bilimler Dergisi, 1901-01, Vol.11 (22), p.28-47
Notlar	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.
Örnek Metin	Sosyal ve Beşerî Bilimler Dergisi, 1901-01, Vol.11 (22), p.28-47

Kaynağa git Washington Üniversitesi University of Washington

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Washington Üniversitesi

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

Yazar Yildirim, Selim

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

Tür Süreli Yayın

Dil Türkçe

Dijital Evet

Yazma Hayır

Kütüphane Washington Üniversitesi

Demirbaş Numarası ISSN: 1309-8012, EISSN: 1309-8012

Kayıt Numarası cdi_proquest_miscellaneous_1355849502

Lokasyon Check availability & request options

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

Notlar 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.

Örnek Metin Sosyal ve Beşerî Bilimler Dergisi, 1901-01, Vol.11 (22), p.28-47