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Fumitaka Furuoka |
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''Testing hysteresis in unemployment using artificial network (ANN) unit root test
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( 2021, Vol. 41 No.3 ) |
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This paper employs artificial neural network (ANN) unit root test to examine unemployment hysteresis in five economies in Europe and North America. The findings indicated that unemployment hysteresis does exist in these countries. These results have some notable policy implications. |
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Keywords: Hysteresis, unemployment rate, neural network, unit root test |
JEL: C2 - Single Equation Models; Single Variables: General
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Manuscript Received : Apr 22 2021 | | Manuscript Accepted : Sep 17 2021 |
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