Молимо вас користите овај идентификатор за цитирање или овај линк до ове ставке:
https://scidar.kg.ac.rs/handle/123456789/11055
Назив: | Are unemployment rates stationary for SEE10 countries? Evidence from linear and nonlinear dynamics |
Аутори: | Obradović, Saša Ristić, Lela Lojanica, Nemanja |
Датум издавања: | 2018 |
Сажетак: | © 2018, UNIVRIJEKA. All rights reserved. This article aims to answer the questions concerning the dynamics of unemployment rates, including whether there is a subsequent hysteresis in the selected sample of ten countries of the South East Europe. The linear and nonlinear tests have been used to determine the stationarity of unemployment rates. The findings show that in eight out of ten countries, unemployment is a stationary process which implies that the hysteresis hypothesis has not been confirmed. The unemployment rates in Albania, Bulgaria, Slovenia, Croatia, Romania, Greece, Montenegro and Turkey manifest mean reverting behaviour. The movements of unemployment rates in the next period can be forecasted with a relatively high degree of certainty in terms of the mentioned countries. The unemployment in FYR Macedonia and Serbia is a non-stationary process. The results further emphasize the importance of allowing asymmetric adjustment and structural breaks, especially in the case of Romania, Montenegro and Turkey. |
URI: | https://scidar.kg.ac.rs/handle/123456789/11055 |
Тип: | article |
DOI: | 10.18045/zbefri.2018.2.559 |
ISSN: | 1331-8004 |
SCOPUS: | 2-s2.0-85059272825 |
Налази се у колекцијама: | Faculty of Economics, Kragujevac |
Датотеке у овој ставци:
Датотека | Опис | Величина | Формат | |
---|---|---|---|---|
PaperMissing.pdf Ограничен приступ | 29.86 kB | Adobe PDF | Погледајте |
Ставке на SCIDAR-у су заштићене ауторским правима, са свим правима задржаним, осим ако није другачије назначено.