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Testing hysteresis in unemployment using artificial network (ANN) unit root test

Author

Listed:
  • Fumitaka Furuoka

    (Asia-Europe Institute, Universiti Malaya)

Abstract

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.

Suggested Citation

  • Fumitaka Furuoka, 2021. "Testing hysteresis in unemployment using artificial network (ANN) unit root test," Economics Bulletin, AccessEcon, vol. 41(3), pages 1947-1958.
  • Handle: RePEc:ebl:ecbull:eb-21-00382
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Hysteresis; unemployment rate; neural network; unit root test;
    All these keywords.

    JEL classification:

    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables

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