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Hysteresis in Unemployment [PDF]
Hysteresis is central to long-run unemployment movements in many countries. This essay addresses two broad issues. The first is whether there is clear evidence of hysteresis effects. To put it differently, can we reject the hypothesis that the NAIRU, and hence the long run behavior of unemployment, is independent of aggregate demand?
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Metroeconomica, 2000
We consider how differences between the way firms react to a common monetary policy affect the performance of a monetary union. A model is presented in which heterogeneous firms respond discontinuously to monetary shocks. The implication is that the level of economic activity has a selective memory of the extremum values of the shocks experienced, and ...
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We consider how differences between the way firms react to a common monetary policy affect the performance of a monetary union. A model is presented in which heterogeneous firms respond discontinuously to monetary shocks. The implication is that the level of economic activity has a selective memory of the extremum values of the shocks experienced, and ...
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Influence of surface roughness on contact angle hysteresis and spreading work
Colloid and Polymer Science, 2020Junchao Wang +4 more
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Hysteresis properties of titanomagnetites: Grain-size and compositional dependence
, 1977R. Day, M. Fuller, V. Schmidt
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Anomalous Hysteresis in Perovskite Solar Cells.
Journal of Physical Chemistry Letters, 2014H. Snaith +9 more
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The International Journal of Biochemistry & Cell Biology, 2001
Extreme environments present a wealth of biochemical adaptations. Thermal hysteresis proteins (THPs) have been found in vertebrates, invertebrates, plants, bacteria and fungi and are able to depress the freezing point of water (in the presence of ice crystals) in a non-colligative manner by binding to the surface of nascent ice crystals.
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Extreme environments present a wealth of biochemical adaptations. Thermal hysteresis proteins (THPs) have been found in vertebrates, invertebrates, plants, bacteria and fungi and are able to depress the freezing point of water (in the presence of ice crystals) in a non-colligative manner by binding to the surface of nascent ice crystals.
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Molecular magnetic hysteresis at 60 kelvin in dysprosocenium
Nature, 2017C. A. Goodwin +4 more
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Superstructure control of first-cycle voltage hysteresis in oxygen-redox cathodes
Nature, 2019R. House +11 more
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