FURUOKA, Fumitaka - In: Czech Journal of Economics and Finance (Finance a uver) 64 (2014) 1, pp. 59-78
The present study chose 14 regions of the Czech Republic as case studies to examine the existence of unemployment hysteresis. To carry out the empirical analysis, it used the SURADF test and the FADF test. The empirical findings from the ADF tests suggested that unemployment in all 14 regions...