Apergis, Nicholas; Arisoy, Ibrahim - In: SPOUDAI - Journal of Economics and Business 67 (2017) 4, pp. 45-84
This study examines the relationship between unemployment and labor force participation to judge the presence of the discouraged worker/added worker/unemployment invariance effect in the US labor market, spanning the period 1976-2014. Panel unit root and cointegration tests explore this...