Camarero, Mariam; Carrion-i-Silvestre, Josep Lluís; … - Centro de Estudios Andaluces, Government of Andalusia - 2004
This paper tests hysteresis effects in unemployment using panel data for 19 OECD countries covering the period 1956-2001. The tests exploit the cross-section variations of the series, and additionally, allow for a different number of endogenous breakpoints in the unemployment series. The...