the unemployment rate. Our results are threefold. First, only a minor part of the rise in uncertainty measures during the … percentage point of the drop in GDP, macroeconomic uncertainty shocks increased the unemployment rate by up to 0.7 percentage …

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 … article discusses implications of the findings for the design of entrepreneurship policies. -- Hysteresis ; unobserved …

in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …

increase in economic policy uncertainty on unemployment in recessions and expansions. We find the response of unemployment to … confirms that the contribution of EPU shocks to the volatility of unemployment at business cycle frequencies is markedly larger …

increase in economic policy uncertainty on unemployment in recessions and expansions. We find the response of unemployment to … confirms that the contribution of EPU shocks to the volatility of unemployment at business cycle frequencies is markedly larger …

We investigate the effects of uncertainty shocks on unemployment dynamics in the post-WWII U.S. recessions via non … linear VARs in terms of (i) magnitude of the reaction of the unemployment rate to such shocks, and (ii) contribution to the … variance of the prediction errors of unemployment at business cycle frequencies. We discuss the ability of different classes of …

increase in economic policy uncertainty on unemployment in recessions and expansions. We find the response of unemployment to … confirms that the contribution of EPU shocks to the volatility of unemployment at business cycle frequencies is markedly larger …

This paper estimates the permanent and transitory movements in U.S. output and the unemployment rate and the … relationships between them. The results suggest that permanent movements in U.S. output and the unemployment rate are important for …

significant contribution to unemployment dynamics by GTU shocks in the United States. Differently, the contribution of GTU shocks … to unemployment dynamics in Australia is found to be much milder and substantially lower than that of monetary policy …