Unemployment and COVID-19: an analysis of change in persistence
Date
2023Citation
Lorenzo Bermejo, Maria Malmierca-Ordoqui & Luis Alberiko Gil-Alana (2023) Unemployment and COVID-19: an analysis of change in persistence, Applied Economics, 55:39, 4511-4521, DOI: 10.1080/00036846.2022.2129574
Abstract
This paper examines the degree of persistence in monthly unemployment rates for a group of 24 European countries along with the global rate for the Euro area, the European Union, the G7 and the OECD countries. For this purpose, fractionally integrated methods are employed. Using data from January 2010 to November 2020, our results indicate that fractional integration is present in all countries examined, with the orders of integration of the series ranging in the (0, 1) interval. Comparing the d ...
Áreas Temáticas
Departamentos
Document type
journal article