One of the stylized facts of unemployment is that shifts in its mean rate between decades and half-decades account for …-parametric density estimation techniques to identify the dates of infrequent changes in the mean of the unemployment rate series of 17 … countries. They find that in most countries, unemployment persistence is small once the (infrequently) changing mean rate has …

in German unemployment is fully explained by hysteresis. The Great Recession was well absorbed because both hysteresis … effects and structural unemployment were substantially reduced after institutional reforms. In contrast, U.S. unemployment did …

I examine whether the cyclical behavior of unemployment has changed over the post WWII period. Specifically, I test … whether cyclical movements in unemployment have become more persistent. Finding that they have, indeed, become more persistent … payroll employment as well as unemployment and that increased persistence appears to be widespread across industries. At the …

This work aims to test the persistence of Italian unemployment rate during last fifty years. To this scope we find … evidences of a unit root, also when we allow for the presence of structural shifts so that the level of unemployment has a path … macroregional behaviours so that the great bulk of persistence is given by Center - Southern unemployment. It implies that changes …