Results 11 to 20 of about 367,603 (208)
UNEMPLOYMENT, HYSTERESIS AND TRANSITION [PDF]
Scottish Journal of Political Economy, 2003 AbstractIn this paper, we quantify the degree of persistence in the unemployment rates of transition countries using a variety of methods benchmarked against the EU. Initially, we work with the concept of linear ‘Hysteresis’ as described by the presence of unit roots in unemployment as in most empirical research on this area.
Peter McAdam, Miguel Leon-Ledesma
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Ekoist Journal of Econometrics and Statistics, 2021 Unemployment continues to be one of the important macroeconomic problems, its negative effects are not only seen at the economic level, but also in all societies at the social level. According to December 2020 data, the unemployment rate among the member
Melike Dedeoğlu
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Does Unemployment Hysteresis Equal Employment Hysteresis?* [PDF]
Economic Record, 2007 This paper investigates if conclusions regarding labour market hysteresis differ depending on whether employment or unemployment rates are studied. Applying a range of unit‐root tests to monthly data from Australia, Austria, Canada, Finland, Sweden, the UK and the USA, we find results for employment rates that contrast those based on unemployment rates.
Gustavsson, Magnus, Österholm, Pär
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Unemployment hysteresis in the “Nordic Kitten”: Evidence from five Estonian regions [PDF]
Panoeconomicus, 2015 Unemployment hysteresis is a much discussed and researched topic in macroeconomics. The present paper examined unemployment hysteresis in five Estonian regions.
Furuoka Fumitaka
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Is Hysteresis Important for U.S. Unemployment? [PDF]
Finance and Economics Discussion Series, 1999 We look for evidence of "hysteresis" in the U.S. unemployment rate - that is, that current labor market outcomes affect the future equilibrium level of the unemployment rate. We first examine (using a variety of econometric tests for unit roots) whether the unemployment rate tends to come back to a long-run average ...
John M. Roberts, Norman J. Morin
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Are unemployment rates stationary for SEE10 countries? Evidence from linear and nonlinear dynamics [PDF]
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2018 This article aims to answer the questions concerning the dynamics of unemployment rates, including whether there is a subsequent hysteresis in the selected sample of ten countries of the South East Europe. The linear and nonlinear tests have been used
Saša Obradović +2 more
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Research Papers in Economics and Finance, 2023 Unemployment is an important macroeconomic issue both in theoretical terms and for economic reality. On the theoretical ground, the unemployment rate, which is a measure of the share of unemployed units of the labour supply in the economy ...
Patryk Kołbyko
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Hysteresis and the European Unemployment Problem [PDF]
NBER Macroeconomics Annual, 1986 European unemployment has been steadily increasing for the last 15 years and is expected to remain very high for many years to come. In this paper, we argue that this fact implies that shocks have much more persistent effects on unemployment than standard theories can possibly explain.
Blanchard, Olivier, Summers, Lawrence H.
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Unemployment and the effect of hysteresis: The case of the Republic of Macedonia [PDF]
Ekonomski Pogledi, 2014 The Republic of Macedonia is faced with high and persistent unemployment which remains over 30% during the period of transition. Taking this into consideration, the task of this paper is to offer an explanation for the high and persistent rate of ...
Trpeski Predrag, Ivanovski Igor
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The Dynamics of Unemployment in Poland from 1992 to 2017
Gospodarka Narodowa. The Polish Journal of Economics, 2019 Two alternative approaches can be found in the literature on the dynamics of unemployment. The first approach is based on the theory of a natural rate of unemployment. Under this theory, the economy can depart from the natural rate of unemployment in the
Andrzej Pisulewski
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