Nonlinear vs. nonstationary of hysteresis in unemployment: evidence from OECD economies
Cheng-Hsun Lin, Nai-Fong Kuo, Cheng-Da Yuan
This study examines the lower and higher boundaries for the threshold value to be considered an indicator of unemployment in a specific country. Specially, the objective is to conduct the critical...
Nonlinear vs. nonstationary of hysteresis in unemployment: evidence from OECD economies
Cheng-Hsun Lin, Nai-Fong Kuo, Cheng-Da Yuan
This study examines the lower and higher boundaries for the threshold value to be considered an indicator of unemployment in a specific country. Specially, the objective is to conduct the critical...
Disaggregated energy consumption and GDP in Taiwan: A threshold co-integration analysis
Energy consumption growth is much higher than economic growth for Taiwan in recent years, worsening its energy efficiency. This paper provides a solid explanation by examining the equilibrium...