Unit roots and structural breaks in OECD unemployment

被引：43

作者：

Arestis, P ^{[1
]}

Mariscal, IBF ^{[1
]}

机构：

[1] Univ E London, Dept Econ, Dagenham RM8 2AS, Essex, England

来源：

ECONOMICS LETTERS | 1999年 / 65卷 / 02期

关键词：

unemployment; unit roots; structural breaks;

D O I：

10.1016/S0165-1765(99)00131-7

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We apply unit root tests that allow for two endogenous break points in the unemployment rates of 26 OECD countries. Our results show that unit root tests that do not account for structural breaks are misspecified and suggest excessive persistence. (C) 1999 Elsevier Science S.A. All rights reserved. JEL classification: C12; C22.

引用

页码：149 / 156

页数：8

共 50 条

[1] OECD unemployment: structural breaks and stationarity
Arestis, P
Mariscal, IBF
[J]. APPLIED ECONOMICS, 2000, 32 (04) : 399 - 403
[2] Testing for unit roots in panels in the presence of structural change with an application to OECD unemployment
Murray, CJ
Papell, DH
[J]. ADVANCES ECOOMETRICS, VOL 15, 2000, 2000, 15 : 223 - 238
[3] TESTING FOR UNIT ROOTS AND PERSISTENCE IN OECD UNEMPLOYMENT RATES
MITCHELL, WF
[J]. APPLIED ECONOMICS, 1993, 25 (12) : 1489 - 1501
[4] INTERACTION BETWEEN UNIT ROOTS AND STRUCTURAL BREAKS
Bassil, Charbel
[J]. REVUE ECONOMIQUE, 2012, 63 (01): : 93 - 128
[5] Unemployment hysteresis in OECD countries: Centurial time series evidence with structural breaks
Lee, Chien-Chiang
Chang, Chun-Ping
[J]. ECONOMIC MODELLING, 2008, 25 (02) : 312 - 325
[6] Structural breaks, unit roots and methods for removing the autocorrelation pattern
Montañés, A
Reyes, M
[J]. STATISTICS & PROBABILITY LETTERS, 2000, 48 (04) : 401 - 409
[7] Structural breaks and unit roots in Australian macroeconomic time series
Narayan, PK
Smyth, R
[J]. PACIFIC ECONOMIC REVIEW, 2005, 10 (04) : 421 - 437
[8] Unit roots and structural breaks in PNG macroeconomic time series
Narayan, Seema
Smyth, Russell
[J]. INTERNATIONAL JOURNAL OF SOCIAL ECONOMICS, 2008, 35 (12) : 963 - +
[9] The strength of evidence for unit autoregressive roots and structural breaks: A Bayesian perspective
Marriott, J
Newbold, P
[J]. JOURNAL OF ECONOMETRICS, 2000, 98 (01) : 1 - 25
[10] Unit Roots and Structural Breaks in Panels: Does the Model Specification Matter?
Chan, Felix
Pauwels, Laurent L.
[J]. 18TH WORLD IMACS CONGRESS AND MODSIM09 INTERNATIONAL CONGRESS ON MODELLING AND SIMULATION: INTERFACING MODELLING AND SIMULATION WITH MATHEMATICAL AND COMPUTATIONAL SCIENCES, 2009, : 1286 - 1292

← 1 2 3 4 5 →