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Long memory in Turkish unemployment rates

Gil-Alaña, Luis A.; Ozdemir, Zeynel Abidin; Tansel, Aysıt - 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...

Persistent link: https://www.econbiz.de/10011735904

International migration with heterogeneous agents : theory and evidence

Brücker, Herbert (contributor); … - 2006

investigation of the cointegration relationships of German migration stocks and flows since 1967. We find that (i) panel-unit root … migration stocks and the explanatory variables are all I(1) variables, and (ii) the hypothesis of cointegration cannot be … rejected for the stock model. -- international migration ; temporary migration ; panel cointegration …

Persistent link: https://www.econbiz.de/10003376850

Exponent of cross-sectional dependence : estimation and inference

Bailey, Natalia; Kapetanios, George; Pesaran, M. Hashem - 2012

An important issue in the analysis of cross-sectional dependence which has received renewed interest in the past few years is the need for a better understanding of the extent and nature of such cross dependencies. In this paper we focus on measures of cross-sectional dependence and how such...

Persistent link: https://www.econbiz.de/10009530816

Time aggregation and state dependence in welfare receipt

Bhuller, Manudeep; Brinch, Christian; Königs, Sebastian - 2016

Dynamic discrete-choice models are an important tool in studies of state dependence in benefit receipt. A common assumption of such models is that benefit receipt sequences follow a conditional Markov process. This property has implications for how estimated period-to-period benefit transition...

Persistent link: https://www.econbiz.de/10011453987

Examining the impact of macro-economic conditions on income inequality

Jäntti, Markus; Jenkins, Stephen - 2001

This paper proposes a new approach for analyzing the relationship between macroeconomic factors and the income distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment and inflation rates. Building on the lessons from...

Persistent link: https://www.econbiz.de/10011403817

Does the unemployment invariance hypothesis hold for Canada?

Tansel, Aysıt; Ozdemir, Zeynel Abidin; Aksoy, Emre - 2016

. The cointegration analysis vindicates the existence of a long-run relationship between these two variables. This finding …

Persistent link: https://www.econbiz.de/10011528837

MIMIC models, cointegration and error correction : an application to the French shadow economy

Bühn, Andreas (contributor); … - 2008

differences. Arguably, this shortcoming is rooted in the lack of an appropriate MIMIC model which considers cointegration among … variables. This paper develops a MIMIC model which estimates the cointegration equilibrium relationship and the error correction … economy ; tax burden ; regulation ; unemployment ; cointegration ; error correction models ; MIMIC models …

Persistent link: https://www.econbiz.de/10003652676

Local and spatial cointegration in the wage curve : a spatial panel analysis for German regions

Kosfeld, Reinhold; Dreger, Christian - 2015

this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …

Persistent link: https://www.econbiz.de/10011407949

Towards an East German wage curve : NUTS boundaries, labour market regions and unemployment spillovers

Kosfeld, Reinhold; Dreger, Christian - 2017

existence of an East German wage curve. Due to the nonstationarity of spatial data, a global panel cointegration approach is …

Persistent link: https://www.econbiz.de/10011704322

Are apprenticeships business cycle proof?

Lüthi, Samuel; Wolter, Stefan C. - 2018

Although there is evidence that apprenticeship training can ease the transition of youth into the labour market and thereby reduce youth unemployment, many policy makers fear that firms will cut their apprenticeship expenditures during economic crises, thus exacerbating the problem of youth...

Persistent link: https://www.econbiz.de/10011810037

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