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 …

consumption exhibits hysteresis, defined as a dynamic structure in which the cyclical component of coal consumption has permanent … effects on the natural component. In contrast to previous analysis, we provide evidence in favor of hysteresis in coal …

The aim of this paper is to find a possible hysteresis effect on unemployment rate series from Italy, France and the … United States. We propose a definition of hysteresis taken from Physics which allows for nonlinearities. To test for the … presence of hysteresis we use a nonlinear unobserved components model for unemployment series. The estimation methodology used …

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 …

A new test for hysteresis based on a nonlinear unobserved components model is proposed. Observed unemployment rates are … lagged cyclical shocks on thecurrent natural component is the measure of hysteresis. To derive anappropriate p-value for a … test for hysteresis two alternative bootstrapalgorithms are proposed: the first is valid under homoskedastic errorsand the …

the USA. We ask whether entrepreneurship exhibits hysteresis, defined as a macrodynamic structure in which the cyclical … component of entrepreneurship has persistent effects on the natural rate of entrepreneurship. We find evidence of hysteresis in …