Does Labor Market Hysteresis Hold in Low Income Countries?
This study tests for labor market hysteresis in low income countries while accounting for structural break in the unemployment rates. This is to verify if unemployment in low income countries will return back to natural rate of unemployment in the long run using data from Nigeria and South Africa. ...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2017-01-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/3049 |