OECD Ülkelerinde İşsizlik Dinamikleri: Histeri Hipotezinin Güncel Birim Kök Testleriyle Değerlendirilmesi

Yıl 2025, Cilt: 27 Sayı: 3, 1049 - 1070, 18.12.2025

Cihat Karademir

https://doi.org/10.26745/ahbvuibfd.1724486

Öz

Bu çalışma, 24 seçili OECD ülkesinde işsizlik histerisi ve doğal işsizlik oranı hipotezlerinin geçerliliğini 2005Q1-2025Q1 dönemine ait güncel verilerle araştırmaktadır. Özellikle 2008 krizi ve COVID-19 pandemisi gibi büyük şokların ardından bu ayrımın yeniden incelenmesi hedeflenmiştir. Analiz öncesi uygulanan Luukkonen vd. (1988) doğrusallık testi, tüm ülkelerin işsizlik serilerinin doğrusal olmayan bir yapıya sahip olduğunu göstermiştir. Bu bulgu doğrultusunda serilerin durağanlık özellikleri, KSS (2003), Sollis (2009), Kruse (2011) gibi doğrusal olmayan ve Cuestas-Ordóñez (2014) ile OSH (2020) gibi yapısal kırılmaları ve asimetrik etkileri dikkate alan güncel birim kök testleri ile analiz edilmiştir. Elde edilen bulgular, ülkeler arasında heterojen bir yapı olduğunu ortaya koymaktadır. ABD, Almanya, Avustralya, Şili ve Türkiye gibi ülkelerde doğal işsizlik oranı hipotezi desteklenirken; Çekya, Danimarka, Finlandiya, Hollanda, İspanya ve Yunanistan gibi ülkelerde işsizlik histerisi lehine güçlü kanıtlar elde edilmiştir. Bu sonuçlar, histerinin geçerli olduğu ülkelerde şoklara karşı hızlı talep yönlü politikaların önemini, diğer grupta ise arz yönlü yapısal reformların gerekliliğini vurgulamaktadır.

Anahtar Kelimeler

İşsizlik Histerisi , Doğal İşsizlik Oranı , Doğrusal Olmayan Birim Kök Testleri

Unemployment Dynamics in OECD Countries: Evaluating the Hysteresis Hypothesis with Current Unit Root Tests

Öz

This study investigates the validity of the unemployment hysteresis and natural rate of unemployment hypotheses in 24 selected OECD countries using current data for the period 2005Q1-2025Q1. It specifically aims to re-examine this distinction in the aftermath of major shocks such as the 2008 crisis and the COVID-19 pandemic. The Luukkonen et al. (1988) linearity test, applied prior to the analysis, indicated that the unemployment series of all countries exhibit a non-linear structure. In line with this finding, the stationarity properties of the series were analyzed using non-linear unit root tests such as KSS (2003), Sollis (2009), and Kruse (2011), as well as recent unit root tests that account for structural breaks and asymmetric effects, such as Cuestas-Ordóñez (2014) and OSH (2020). The findings reveal a heterogeneous structure among the countries. While the natural rate of unemployment hypothesis is supported in countries like the USA, Germany, Australia, Chile, and Turkey, strong evidence in favor of unemployment hysteresis was found in countries such as Czechia, Denmark, Finland, the Netherlands, Spain, and Greece. These results emphasize the importance of swift demand-side policies in response to shocks in countries where hysteresis is prevalent, and the necessity of supply-side structural reforms in the other group.

Anahtar Kelimeler

Unemployment Hysteresis , Natural Unemployment Rate , Nonlinear Unit Root Tests

Kaynakça

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