shocks to unemployment, but not after small changes. The result poses a challenge to theory, since most existing hysteresis …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 …

Konjunkturzyklus. Es zeigt sich, dass der jahrzehntelange Aufwärtstrend der Arbeitslosigkeit in Deutschland vollständig durch Hysterese … erklärt werden kann. Dagegen folgte die Arbeitslosigkeit in den USA keinem Hysterese-Muster, auch nicht während der großen … Rezession. Deutschland überstand diese Rezession so gut, weil sowohl Hysterese als auch strukturelle Arbeitslosigkeit durch …

find a positive and significant relationship between sales and unemployment and perform a time series principal component …

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 …

. It demonstrates strong correlations between keyword searches and unemployment rates using monthly German data and …

. It demonstrates strong correlations between keyword searches and unemployment rates using monthly German data and …

network (ARNN) unit root test (Yaya et al. 2021; Oxford Bulletin of Economics and Statistics), to investigate unemployment … plausibility of nonlinearity in the unemployment rate of these European countries. The results show non-rejection of unemployment …

. It demonstrates strong correlations between keyword searches and unemployment rates using monthly German data and …

We consider the problem of measuring transition probabilities across employment, unemployment and inactivity when …

This paper investigates the empirical relevance of different unemployment theories in three major economies, namely the … UK, the US and Japan, by estimating the degree of dependence in the unemployment series. Both univariate and multivariate …. Specifically, when taking a univariate approach, the unit root null cannot be rejected in case of the UK and Japanese unemployment …