Hoarau, Jean françois; Lopez, Claude; Paul, Michel - In: Economics Bulletin 30 (2010) 3, pp. 2321-2329
This article analyzes the hysteresis hypothesis in the unemployment rates of the four “French overseas regions†(Guadeloupe, Martinique, Guyana, Reunion) [FORs] over the period 1993-2008. We use standard univariate and panel unit root tests, among them Choi (2006) and Lopez (2009) that...