Showing 1 - 10 of 37
Persistent link: https://www.econbiz.de/10012300680
Persistent link: https://www.econbiz.de/10014338891
Persistent link: https://www.econbiz.de/10011524880
Persistent link: https://www.econbiz.de/10011793902
Persistent link: https://www.econbiz.de/10011800242
Persistent link: https://www.econbiz.de/10012135526
Persistent link: https://www.econbiz.de/10013163733
Persistent link: https://www.econbiz.de/10011898659
A novel procedure is applied to test for switches between hysteresis and the natural rate theory over more than a century of UK and USA unemployment data. For both the countries we see a period conforming to hysteresis starting in the early 1920s for the UK and 1930 for USA.
Persistent link: https://www.econbiz.de/10011263414
Vector autoregressions (VARs) are important tools in time series analysis. However, relatively little is known about the finite-sample behaviour of parameter estimators. We address this issue, by investigating ordinary least squares (OLS) estimators given a data generating process that is a...
Persistent link: https://www.econbiz.de/10005192839