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DiTella, Rafael; MacCulloch, Robert - 2000

. Adjustment costs of changing benefits can introduce hysteresis in benefit setting and unemployment. Both (very) bad and good … feature of the model is that the mechanism yielding hysteresis (which requires a concave utility function) ceases to operate …

Persistent link: https://www.econbiz.de/10010301222

Cultural hysteresis, entrepreneurship and economic crisis : an analysis of buffers to unemployment after economic shocks

Tubadji, Annie; Nijkamp, Peter; Angelis, Vassilis - In: Cambridge journal of regions economy and society 9 (2016) 1, pp. 103-136

Persistent link: https://www.econbiz.de/10011659646

Rational institutions yield hysteresis

Di Tella, Rafael; MacCulloch, Robert - 2000

Persistent link: https://www.econbiz.de/10010515690

Testing Phillips curve in Sweden

Šimićević, Vanja; Lekavski, Emil - In: Proceedings of the ENTRENOVA - ENTerprise REsearch … 9 (2023) 1, pp. 22-28

The study aims to research the correlation between unemployment and inflation in Sweden between March 2020 - November 2021 to provide further insight into the validity of the Phillips curve. Previous research has found a contradictive relationship between unemployment and inflation. In addition,...

Persistent link: https://www.econbiz.de/10014496201

Coronavirus crisis and its effects on the economy

Buklemishev, Oleg V. - In: Population and economics : PE 4 (2020) 2, pp. 13-17

Persistent link: https://www.econbiz.de/10012419039

Unemployment as a target for central banks? : the case of hysteresis

Belke, Ansgar - In: Credit and capital markets : Kredit und Kapital 51 (2018) 4, pp. 587-619

Persistent link: https://www.econbiz.de/10011975096

Macroeconomic policy in recessions and unemployment hysteresis

Sturn, Simon - In: Applied economics letters 21 (2014) 13/15, pp. 914-917

Persistent link: https://www.econbiz.de/10010418320

Slow recoveries and unemployment traps : monetary policy in a time of hysteresis

Acharya, Sushant; Bengui, Julien; Dogra, Keshav; Wee, … - 2018

Persistent link: https://www.econbiz.de/10012113040

Escaping unemployment traps

Acharya, Sushant; Bengui, Julien; Dogra, Keshav; Wee, … - 2017

We present a model in which temporary shocks can permanently scar the economy's productive capacity. Unemployed workers lose skill and are expensive to retrain, generating multiple steady state unemployment rates. Large temporary shocks push the economy into a liquidity trap, generating...

Persistent link: https://www.econbiz.de/10011754395

Secular stagnation, unemployment hysteresis and monetary policy in EMU : scratches but not scars?

Belke, Ansgar - In: The Economists' voice 15 (2018) 1, pp. 1-14

Persistent link: https://www.econbiz.de/10011964904