教師資料查詢 | 類別: 期刊論文 | 教師: 林佩蒨 Pei-chien Lin (瀏覽個人網頁)

標題:Hysteresis Hypohesis in Unemployment and Labour Force Participation Rates: Evidence from Australian States and Territories
學年100
學期2
出版(發表)日期2012/06/01
作品名稱Hysteresis Hypohesis in Unemployment and Labour Force Participation Rates: Evidence from Australian States and Territories
作品名稱(其他語言)
著者Liu, De-chih; Sun, Chin-hwa; Lin, Pei-chien
單位淡江大學產業經濟學系
出版者Wiley-Blackwell Publishing Asia
著錄名稱、卷期、頁數Australian Economic Papers 51(2), pp.71-84
摘要This article simultaneously investigates the hysteresis hypothesis of unemployment and labour force participation using regional level data in Australia. The conventional univariate and panel unit root tests
indicate that the hysteresis hypothesis cannot be rejected for most of the regions in Australia. To further confirm if the hysteresis finding in unemployment and labour force participation results from not considering structural breaks. We employ a panel stationarity test recently developed by Carrion-i-Silvestre et al. (2005), which considers multiple structural breaks and cross-sectional dependence. The test results lend support for unemployment hysteresis and participation regime-wise stationarity. Accordingly, the findings imply that a temporary shock may have permanent effects on the unemployment rate but not on labour
force participation in Australia and thus call for policies aimed at improving the adjustment mechanism in unemployment.
關鍵字Hysteresis hypothesis; unemployment; labor for participation; panel unit root; structural breaks
語言英文
ISSN0004-900X;1467-8454
期刊性質國外
收錄於SSCI;
產學合作
通訊作者Liu, De-Chih
審稿制度
國別澳洲
公開徵稿
出版型式電子版;紙本;
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