Unemployment hysteresis in the “Nordic Kitten”: Evidence from five Estonian regions

Unemployment hysteresis is a much discussed and researched topic in macroeconomics. The present paper examined unemployment hysteresis in five Estonian regions. It used two panel data methods, namely, the Im-Pesaran-Shin (IPS) test and the Fourier Im-Pesaran-Shin (FIPS) test. The originalit...

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Bibliographic Details
Main Author: Furuoka Fumitaka
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2015-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2015/1452-595X1505631F.pdf