system and the current managed float. Panel integration techniques are applied to increase the power of the tests, where …

system and the current managed float. Panel integration techniques are used to increase the power of the tests. Cross section …

system and the current managed float. Panel integration techniques are applied to increase the power of the tests, where …

system and the current managed float. Panel integration techniques are used to increase the power of the tests. Cross section …

findings and confirms hysteresis in all unemployment rates except for Asian economies/countries of Thailand and the Philippines. …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 …