Does Labor Market Hysteresis Hold in Low Income Countries?

This study tests for labor market hysteresis in low income countries while accounting for structural break in the unemployment rates. This is to verify if unemployment in low income countries will return back to natural rate of unemployment in the long run using data from Nigeria and South Africa....

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Bibliographic Details
Main Authors: Ifedolapo Olabisi Olanipekun, Seyi Saint Akadiri, Osundia Olawumi, Festus Victor Bekun
Format: Article
Language:English
Published: EconJournals 2017-03-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32002/353149?publisher=http-www-cag-edu-tr-ilhan-ozturk