Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests
The purpose of this study is to analyze the unemployment convergence in the NORDIC countries. The linearity test developed by Harvey et al. (2008) was used, the Sollis (2009) nonlinear unit root test was used for the countries the nonlinearity of which have been identified and the Narayan and Popp (...
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ftrepec:oai:RePEc:agr:journl:v:1(610):y:2017:i:1(610):p:45-56 2024-04-14T08:13:32+00:00 Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests Burak GÜRIŞ İpek M. YURTTAGÜLER Muhammed TIRAŞOĞLU http://store.ectap.ro/articole/1244.pdf http://www.ectap.ro/articol.php?id=1244&rid=126 unknown http://store.ectap.ro/articole/1244.pdf http://www.ectap.ro/articol.php?id=1244&rid=126 article ftrepec 2024-03-19T10:31:56Z The purpose of this study is to analyze the unemployment convergence in the NORDIC countries. The linearity test developed by Harvey et al. (2008) was used, the Sollis (2009) nonlinear unit root test was used for the countries the nonlinearity of which have been identified and the Narayan and Popp (2010) test was used for the series the linearity of which have been identified. As a result of the analysis, it was found out that the unemployment rates in Finland, Norway and Sweden converged to the NORDIC mean whereas the unemployment rates in Denmark and Iceland did not converge to the NORDIC mean. Based on this result, it could be said for Denmark and Iceland that the shocks to unemployment rate differentials are persistent. Convergence, Nonlinear Unit Root Test, Linear Unit Root Test, Linearity, Unemployment Rate. Article in Journal/Newspaper Iceland RePEc (Research Papers in Economics) Norway |
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Open Polar |
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RePEc (Research Papers in Economics) |
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ftrepec |
language |
unknown |
description |
The purpose of this study is to analyze the unemployment convergence in the NORDIC countries. The linearity test developed by Harvey et al. (2008) was used, the Sollis (2009) nonlinear unit root test was used for the countries the nonlinearity of which have been identified and the Narayan and Popp (2010) test was used for the series the linearity of which have been identified. As a result of the analysis, it was found out that the unemployment rates in Finland, Norway and Sweden converged to the NORDIC mean whereas the unemployment rates in Denmark and Iceland did not converge to the NORDIC mean. Based on this result, it could be said for Denmark and Iceland that the shocks to unemployment rate differentials are persistent. Convergence, Nonlinear Unit Root Test, Linear Unit Root Test, Linearity, Unemployment Rate. |
format |
Article in Journal/Newspaper |
author |
Burak GÜRIŞ İpek M. YURTTAGÜLER Muhammed TIRAŞOĞLU |
spellingShingle |
Burak GÜRIŞ İpek M. YURTTAGÜLER Muhammed TIRAŞOĞLU Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests |
author_facet |
Burak GÜRIŞ İpek M. YURTTAGÜLER Muhammed TIRAŞOĞLU |
author_sort |
Burak GÜRIŞ |
title |
Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests |
title_short |
Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests |
title_full |
Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests |
title_fullStr |
Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests |
title_full_unstemmed |
Unemployment convergence analysis for Nordic countries: Evidence from linear and nonlinear unit root tests |
title_sort |
unemployment convergence analysis for nordic countries: evidence from linear and nonlinear unit root tests |
url |
http://store.ectap.ro/articole/1244.pdf http://www.ectap.ro/articol.php?id=1244&rid=126 |
geographic |
Norway |
geographic_facet |
Norway |
genre |
Iceland |
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Iceland |
op_relation |
http://store.ectap.ro/articole/1244.pdf http://www.ectap.ro/articol.php?id=1244&rid=126 |
_version_ |
1796311549254565888 |