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Keywords: Threshold vector error-correction model
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Journal Articles
Journal:
EconomiA
EconomiA (2022) 23 (1): 25–43.
Published: 04 July 2022
... the threshold vector error-correction model for the aggregate UI spending and the labor for participation rate for all. In Regime 1, E C T t = ( Δ L F P t − 22.41 Δ L U I t ) ≥ − 0.5440 , we find the changes in the long-run relationship or the error-correction term...
