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The dynamics of entrepreneurship: hysteresis, business cycles and government policy

Congregado, Emilio; Golpe, Antonio A.; Parker, Simon C. - 2009

US. We ask whether entrepreneurship exhibits hysteresis, defined as a macro dynamic structure in which cyclical … fluctuations have persistent effects on the natural rate of entrepreneurship. We find evidence of hysteresis in Spain, but not the …

Persistent link: https://www.econbiz.de/10010276150

The Dynamics of Entrepreneurship: Hysteresis, Business Cycles and Government Policy

Congregado, Emilio; Golpe, Antonio A.; Parker, Simon C. - Institute for the Study of Labor (IZA) - 2009

Persistent link: https://www.econbiz.de/10005233799

The Romano-Wolf Multiple Hypothesis Correction in Stata

Clarke, Damian; Romano, Joseph P.; Wolf, Michael - 2019

When considering multiple hypothesis tests simultaneously, standard statistical techniques will lead to over-rejection of null hypotheses unless the multiplicity of the testing framework is explicitly considered. In this paper we discuss the Romano-Wolf multiple hypothesis correction, and...

Persistent link: https://www.econbiz.de/10012180038

Worker Identity, Employment Fluctuations and Stabilization Policy

Snower, Dennis J.; Lechthaler, Wolfgang - 2013

This paper provides a model of social hysteresis whereby long, deep recessions demotivate workers and thereby lead them …

Persistent link: https://www.econbiz.de/10010319518

The nature of occupational unemployment rates in the United States: hysteresis or structural?

Candelon, Bertrand; Dupuy, Arnaud; Gil-Alana, Luis - 2008

for the debate between the structural or hysteresis hypotheses. We develop a procedure that permits us to test for the … the 0/1 paradigm about the order of integration, usually implemented for testing the hypothesis of hysteresis in … occupational unemployment. In almost all occupations, we find support for both the structuralist and the hysteresis hypotheses, but …

Persistent link: https://www.econbiz.de/10010268561

Unemployment, Growth and Fiscal Policy : New Insights on the Hysteresis Hypothesis

Sorolla, Valeri; Sala, Héctor; Raurich, Xavier - 2004

equilibrium paths. Hysteresis is viewed as the result of a selection between these different equilibrium paths. We use this model … of the 1970?s may have played a central role in generating hysteresis. …

Persistent link: https://www.econbiz.de/10010276428

Misspecification testing in a class of conditional distributional models

Rothe, Christoph; Wied, Dominik - 2012

We propose a specification test for a wide range of parametric models for the conditional distribution function of an outcome variable given a vector of covariates. The test is based on the Cramer-von Mises distance between an unrestricted estimate of the joint distribution function of the data,...

Persistent link: https://www.econbiz.de/10010282420

Misspecification Testing in a Class of Conditional Distributional Models

Rothe, Christoph; Wied, Dominik - Institute for the Study of Labor (IZA) - 2012

Persistent link: https://www.econbiz.de/10009650610

The Asymmetric Effect of Wage Floors: A Natural Experiment with a Rising and Falling Minimum Wage

Huet-Vaughn, Emiliano; Piqueras, Jon - 2023

revoked, providing novel evidence of hysteresis in wage setting from temporary labor policy. In the first year post repeal …

Persistent link: https://www.econbiz.de/10014469410

Unemployment in the OECD : Models and Mysteries

Junankar, P. N. (Raja); Madsen, Jakob B. - 2004

This paper compares models used to explain OECD unemployment. The models suggest that the ?natural rate of unemployment? has been driven up mainly by wage push factors. Panel data on twenty-two OECD countries are used to investigate the explanatory power of these models over the past two...

Persistent link: https://www.econbiz.de/10010261916