market hysteresis and commodity price shocks. We find that a commodity price shock typically has an expansionary effect as …

This study examines the hysteresis effects on unemployment rates in the Baltic countries using the RALS-LM unit root …, focusing on both female and male unem-ployment rates. Additionally, the study provides a detailed evaluation of the hysteresis … observed in Estonia and Lithuania after their EU accession. The results indicate hysteresis effects in Estonia and Latvia …

firm formation exhibit hysteresis, such that shocks, including those induced by temporary policy interventions, have … deterministic breaks. We also present results for the different Spanish regions and industrial sectors. We find that hysteresis is …

of hysteresis. To achieve these objectives, a novel approach is employed, which integrates the analysis of both growth … potential output or capacity of the EA-12 MS, thereby supporting the existence of hysteresis. However, the impacts appear to be …

We study how the output gap affects potential output over time-i.e., the dynamic hysteresis effect. To do so, we … introduce novel unobserved components (UC) models that consider hysteresis as a sequence of lagged effects, thus separating the … hysteresis effects after the 1970s, with the negative long-run effect of the Global Financial Crisis and the COVID-19 recessions …