Lin, Cheng-Hsun; Kuo, Nai-Fong; Yuan, Cheng-Da - In: Applied Economics Letters 15 (2008) 11, pp. 905-909
This study examines the lower and higher boundaries for the threshold value to be considered an indicator of unemployment in a specific country. Specially, the objective is to conduct the critical moment of hysteresis effects happening in unemployment rate using a group of 16 OECD countries. The...