Gil-Alana, Luis A.; Ozdemir, Zeynel Abidin; Tansel, Aysit - 2017
In this paper we have examined the unemployment rate series in Turkey by using long memory models and in particular … employing fractionally integrated techniques. Our results suggest that unemployment in Turkey is highly persistent, with orders … of integration equal to or higher than 1 in most cases. This implies lack of mean reversion and permanence of the shocks …