Narrow search
Showing 1 - 10 of 1,119
Cover Image
Long Memory in Turkish Unemployment Rates
Gil-Alaña, Luis A.; Ozdemir, Zeynel Abidin; Tansel, Aysit - 2017
In this paper we have examined the unemployment rate series in Turkey by using long memory models and in particular employing fractionally integrated techniques. Our results suggest that unemployment in Turkey is highly persistent, with orders of integration equal to or higher than 1 in most...
Persistent link: https://www.econbiz.de/10011744765
Cover Image
The Nature of Occupational Unemployment Rates in the United States: Hysteresis or Structural?
Candelon, Bertrand; Dupuy, Arnaud; Gil-Alana, Luis A. - Institute for the Study of Labor (IZA) - 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/10005822105
Cover Image
Amerisclerosis? The Puzzle of Rising U.S. Unemployment Persistence
Coibion, Olivier; Gorodnichenko, Yuriy; Koustas, Dmitri - 2013
The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future U.S. recessions might look more like the Eurosclerosis experience of the 1980s than traditional V-shaped recoveries of the past. In this paper, we revisit possible explanations...
Persistent link: https://www.econbiz.de/10010329115
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
Phillips curves and unemployment dynamics: A critique and a holistic perspective
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2006
NAIRU. The labour macro literature tries to explain unemployment dynamics and determine the real economic factors that drive …
Persistent link: https://www.econbiz.de/10010276416
Cover Image
Studying the NAIRU and its implications
Bozani, Vasiliki; Drydakis, Nick - 2011
, phenomena, and history. Given the key role that the Non-Accelerating Inflation Rate of Unemployment (NAIRU) has in the …, identifying methodological strengths and the weaknesses in the body of the macroeconomic research about the concept of NAIRU. In …
Persistent link: https://www.econbiz.de/10010282611
Cover Image
Studying the NAIRU and its Implications
Bozani, Vasiliki; Drydakis, Nick - Institute for the Study of Labor (IZA) - 2011
, phenomena, and history. Given the key role that the Non-Accelerating Inflation Rate of Unemployment (NAIRU) has in the …, identifying methodological strengths and the weaknesses in the body of the macroeconomic research about the concept of NAIRU. In …
Persistent link: https://www.econbiz.de/10009371888
Cover Image
Phillips Curves and Unemployment Dynamics: A Critique and a Holistic Perspective
Karanassou, Marika; Sala, Hector; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2006
NAIRU. The labour macro literature tries to explain unemployment dynamics and determine the real economic factors that drive …
Persistent link: https://www.econbiz.de/10005566415