Chang, Tsangyao; Lee, Kuei-Chiu; Nieh, Chien-Chung; … - In: Applied Economics Letters 12 (2005) 14, pp. 881-886
The hysteresis hypothesis in unemployment for ten European countries are tested using newly developed Panel SURADF tests of Breuer et al. (2001) for the 1961-1999 period. While the other Panel-based unit root tests are joint tests of a unit root for all members of the panel and are incapable of...