Nsenga, Dieu; Nach, Mirada; Khobai, Hlalefang; Moyo, Clement - In: Comparative economic research : Central and Eastern Europe 22 (2019) 4, pp. 39-55
The focus of our study is on determining whether unemployment rates in 8 New Industrialized Economies conform to the natural rate hypothesis or the hysteresis hypothesis. To this end, we employ a variety of unit of unit root testing procedures to quarterly data collected between 2002:q1 and...
