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HYSTERESIS AND “THE JAPANESE UNEMPLOYMENT PROBLEM”: A PRELIMINARY INVESTIGATION

Oxford Economic Papers, 1990
is this. The typical European union cares only about currently employed union members (insiders) and sets the wage rate with the purpose of maintaining their employment. Negative unexpected shocks hit the economy and shift the labour demand curve along which the union sets the wage.
openaire   +1 more source

Unemployment hysteresis in Turkey: Does education matter? [PDF]

open access: possibleInternational Journal of Economics and Financial Issues, 2014
This paper re-examines the empirical validity of the hysteresis hypothesis in unemployment rates in terms of education level in Turkey with minimum Lagrange Multiplier (LM) unit root methodology. Our empirical findings indicate that the time series properties of high and vocational high school educated unemployment rates are different than the overall ...
KULA, Ferit, ASLAN, Alper
openaire   +2 more sources

Testing the Unemployment Hysteresis for G-20 Countries

2018
In this chapter, the authors analyze the validity of unemployment hysteresis for G-20 countries, namely Australia, Brazil, Canada, France, Germany, Indonesia, Italy, Japan, Korea, Mexico, Russia, South Africa, Turkey, United Kingdom, and USA for the 1960–2014 period. For this purpose, they examine the stationarity of the unemployment rates by using ADF
Yilanci V., Şaşmaz, Mahmut Ünsal
openaire   +1 more source

Unemployment hysteresis in Central Asia [PDF]

open access: possible, 2014
Unemployment hysteresis is an important but rather controversial issue in applied economics because the existence of hysteresis in unemployment rate poses a challenge to a central building-block of macroeconomic theory. The current paper chooses five Central Asian countries, namely Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, as a ...
openaire  

Hysteresis and Unemployment

2006
Julia Darby, Rod Cross, Laura Piscitelli
openaire   +1 more source

Inflation and the NAIRU: assessing the role of long-term unemployment as a cause of hysteresis

Economic Modelling, 2022
Walter Paternesi Meloni   +2 more
exaly  

Hysteresis und Arbeitslosigkeit/Hysteresis and Unemployment

Jahrbücher für Nationalökonomie und Statistik, 1991
openaire   +1 more source

A new approach to testing unemployment hysteresis

Empirical Economics, 2016
Fumitaka Furuoka
exaly  

What do unit root tests tell us about unemployment hysteresis in transition economies?

Applied Economic Analysis, 2020
Hoşeng Bülbül, Ebru Çaǧlayan Akay
exaly  

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