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TESTING THE UNEMPLOYMENT HYSTERESIS HYPOTHESIS FOR TÜRKİYE BY AGE, GENDER AND FREQUENCY DIFFERENCES: EVIDENCE FROM WAVELET-BASED UNIT ROOT TESTS

Cilt: 15 Sayı: 3 31 Aralık 2024
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TESTING THE UNEMPLOYMENT HYSTERESIS HYPOTHESIS FOR TÜRKİYE BY AGE, GENDER AND FREQUENCY DIFFERENCES: EVIDENCE FROM WAVELET-BASED UNIT ROOT TESTS

Öz

The main objective of this study is to test the unemployment hysteresis hypothesis by age, gender and frequency differences (period) for Türkiye. For this purpose, monthly data cover a long period between 2005 and 2023.Wavelet transforms of unemployment rates, along with their original values, are used to investigate the hysteresis effect for short, medium, and long-run components. First, the linearity of the series and the significance of structural breaks are tested. The Fourier Augmented Dickey-Fuller (FADF) test is used for linear series with significant structural breaks. The Fourier Kapetanios-Shin-Snell (FKSS) test is used to test the hysteresis hypothesis for non-linear series with significant structural breaks. For series without significant structural breaks, ADF and KSS tests are used. The findings reveal that the hypothesis of unemployment hysteresis in Türkiye differs by age, gender, and frequency differences.

Anahtar Kelimeler

Unemployment, Hysteresis Hypothesis, Wavelet Transform, Unit Root Test

Etik Beyan

Etik kurul kararına gerek olmayan bir çalışmadır.

Kaynakça

  1. Akyüz, H. E. (2023). Panel birim kök testleri: MIST ülkelerinde işsizlik histerisi hipotezinin incelenmesi. Gülay Örmeci Güney (Ed.) Ekonomi, Sürdürülebilir Kalkınma ve İşletme Alanında Akademik Çalışmalar, 111-123. Ankara: Gazi Kitapevi.
  2. Arı, A., Zeren, F., & Özcan, B. (2013). Unemployment hysteresis in East Asian and Pacific Countries: A panel data approach. Marmara University Journal of Economic and Administrative Sciences, 35(2), 105-122, https://dergipark.org.tr/en/pub/muiibd/issue/494/4368
  3. Atabey, A. Ö., & Karakuş, M. (2023). Hysteria effect in labor markets for BRICS-T countries: Time Series and panel data analyses with current approaches. JOEEP: Journal of Emerging Economies and Policy, 8(2), 67-82.
  4. Atamer, M. A., Uçar, M., & Ülger, M. (2023). The analysis of the validity of the unemployment hysteresis hypothesis in Türkiye economy: The period of 1988-2020. Journal of Research in Economics, Politics & Finance, 8(2), 283-304. https://doi.org/10.30784/epfad.1231956
  5. Aydin, M. (2020). Testing the unemployment hysteresis hypothesis with wavelet-based unit root tests for Turkey. Journal of Academic Inquiries (AID), 15(1), 171-186. https://doi.org/10.17550/akademikincelemeler.695500
  6. Aydin, M., & Pata, U. K. (2020). Are shocks to disaggregated renewable energy consumption permanent or temporary for the USA? Wavelet based unit root test with smooth structural shifts. Energy, 207, 118245. https://doi.org/10.1016/j.energy.2020.118245
  7. Ayta, F., & Şen, M. (2023). General outlook of women's employment in Türkiye: examples of selected countries within the scope of increasing employment. International Journal of Economics and Innovation, 9(2), 421-454. https://doi.org/10.20979/ueyd.1327737
  8. Azazi̇, H., & Ateş, S. (2022). A comparative analysis of unemployment hysteria for Türkiye. Journal of Entrepreneourship and Development, 17(1), 27-36.
  9. Bayat, T., Temiz, M., & Konat, G. (2020). An empirical study on validity of unemployment hysteria hypothesis in Turkey (1923-2019). Pearson Journal Of Social Sciences & Humanities, 5(7), 1-8.
  10. Becker, R., Enders, W., & Lee, J. (2006). A stationarity test in the presence of an unknown number of smooth breaks. Journal of Time Series Analysis, 27(3), 381-409. https://doi.org/10.1111/j.1467-9892.2006.00478.x

Kaynak Göster

APA
Çat, T., & Kırca, M. (2024). TESTING THE UNEMPLOYMENT HYSTERESIS HYPOTHESIS FOR TÜRKİYE BY AGE, GENDER AND FREQUENCY DIFFERENCES: EVIDENCE FROM WAVELET-BASED UNIT ROOT TESTS. Journal of Academic Approaches, 15(3), 1599-1623. https://doi.org/10.54688/ayd.1526649
AMA
1.Çat T, Kırca M. TESTING THE UNEMPLOYMENT HYSTERESIS HYPOTHESIS FOR TÜRKİYE BY AGE, GENDER AND FREQUENCY DIFFERENCES: EVIDENCE FROM WAVELET-BASED UNIT ROOT TESTS. Journal of Academic Approaches. 2024;15(3):1599-1623. doi:10.54688/ayd.1526649
Chicago
Çat, Tuba, ve Mustafa Kırca. 2024. “TESTING THE UNEMPLOYMENT HYSTERESIS HYPOTHESIS FOR TÜRKİYE BY AGE, GENDER AND FREQUENCY DIFFERENCES: EVIDENCE FROM WAVELET-BASED UNIT ROOT TESTS”. Journal of Academic Approaches 15 (3): 1599-1623. https://doi.org/10.54688/ayd.1526649.
EndNote
Çat T, Kırca M (01 Aralık 2024) TESTING THE UNEMPLOYMENT HYSTERESIS HYPOTHESIS FOR TÜRKİYE BY AGE, GENDER AND FREQUENCY DIFFERENCES: EVIDENCE FROM WAVELET-BASED UNIT ROOT TESTS. Journal of Academic Approaches 15 3 1599–1623.
IEEE
[1]T. Çat ve M. Kırca, “TESTING THE UNEMPLOYMENT HYSTERESIS HYPOTHESIS FOR TÜRKİYE BY AGE, GENDER AND FREQUENCY DIFFERENCES: EVIDENCE FROM WAVELET-BASED UNIT ROOT TESTS”, Journal of Academic Approaches, c. 15, sy 3, ss. 1599–1623, Ara. 2024, doi: 10.54688/ayd.1526649.
ISNAD
Çat, Tuba - Kırca, Mustafa. “TESTING THE UNEMPLOYMENT HYSTERESIS HYPOTHESIS FOR TÜRKİYE BY AGE, GENDER AND FREQUENCY DIFFERENCES: EVIDENCE FROM WAVELET-BASED UNIT ROOT TESTS”. Journal of Academic Approaches 15/3 (01 Aralık 2024): 1599-1623. https://doi.org/10.54688/ayd.1526649.
JAMA
1.Çat T, Kırca M. TESTING THE UNEMPLOYMENT HYSTERESIS HYPOTHESIS FOR TÜRKİYE BY AGE, GENDER AND FREQUENCY DIFFERENCES: EVIDENCE FROM WAVELET-BASED UNIT ROOT TESTS. Journal of Academic Approaches. 2024;15:1599–1623.
MLA
Çat, Tuba, ve Mustafa Kırca. “TESTING THE UNEMPLOYMENT HYSTERESIS HYPOTHESIS FOR TÜRKİYE BY AGE, GENDER AND FREQUENCY DIFFERENCES: EVIDENCE FROM WAVELET-BASED UNIT ROOT TESTS”. Journal of Academic Approaches, c. 15, sy 3, Aralık 2024, ss. 1599-23, doi:10.54688/ayd.1526649.
Vancouver
1.Tuba Çat, Mustafa Kırca. TESTING THE UNEMPLOYMENT HYSTERESIS HYPOTHESIS FOR TÜRKİYE BY AGE, GENDER AND FREQUENCY DIFFERENCES: EVIDENCE FROM WAVELET-BASED UNIT ROOT TESTS. Journal of Academic Approaches. 01 Aralık 2024;15(3):1599-623. doi:10.54688/ayd.1526649