Unemployment Hysteresis in Turkey: Does Education Matter?

This paper re-examines the empirical validity of the hysteresis hypothesis in unemployment rates in terms of education level in Turkey with minimum Lagrange Multiplier (LM) unit root methodology. Our empirical findings indicate that the time series properties of high and vocational high school educa...

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Bibliographic Details
Main Authors: Ferit KULA, Alper ASLAN
Format: Article
Language:English
Published: EconJournals 2014-03-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/31961/351978?publisher=http-www-cag-edu-tr-ilhan-ozturk