Unemployment And Labor Force Participation: A Panel Cointegration Analysis For European Countries

• Yasemin Özerkek ^[1]
  1. [1] Marmara University
• Localización: Applied econometrics and international development, ISSN 1578-4487, Vol. 13, Nº. 1, 2013, págs. 67-76
• Idioma: inglés
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• Resumen

  • This paper investigates the long-run relationship between unemployment and labor force participation andanalyzes the existence of added/discouraged worker effect, which haspotential impact on economic growth and development.Using panel cointegration techniques for a panel of European countries (1983-2009), the empirical results show that this long-term relation exists for only females and there is discouraged worker effect for them.Thus, female unemployment is undercount.