Results 71 to 80 of about 367,603 (208)
Hysteresis in Unemployment: Evidence from Norwegian Counties [PDF]
The paper tests hysteresis effects in unemployment using aggregate and panel data for Norway. While tests using aggregate or county— specific time series do not reject the null of unit root hysteresis, the panel tests firmly reject the null.
Kåre Johansen
core
The Productivity Slowdown in Advanced Economies: Common Shocks or Common Trends?
Review of Income and Wealth, Volume 71, Issue 1, February 2025.This paper reviews advanced‐economy productivity developments in recent decades. We focus primarily on the facts about, and explanations for, the mid‐2000s labor‐productivity slowdown in large European countries and the United States. Slower total factor productivity (TFP) growth was the proximate cause of the slowdown.
John Fernald +2 more
wiley +1 more source
Hysteresis vs. natural rate of unemployment: One, the other, or both? [PDF]
This paper re-examines the empirical validity of the hysteresis hypothesis in unemployment rates in terms of education level in 17 OECD countries. To this end for unbalanced panel, we employ Pesaran’s Cross Sectional Dependence (CD) and Cross-Sectionally
Aslan, Alper, Kula, Ferit
core
Unemployment hysteresis and capacity [PDF]
, 2001 This paper examines an open economy model in which equilibrium unemployment depends on capacity in the traded-goods sector. The model is estimated using U.K. quarterly data and compared with alternative concepts of equilibrium unemployment based on labour market variables (as in Layard and Nickell, 1986) or on the price of oil and the real interest ...
openaire +1 more source
Review of Income and Wealth, Volume 71, Issue 1, February 2025.Abstract This work provides evidence of the heterogeneous effects of the ECB's monetary policy across income classes. In particular, this investigation focuses on the labor market channel. Based on EU‐SILC data, we estimate country‐specific structural vector autoregressions (SVAR) models to analyze the impact of the expansionary monetary policy shocks ...
Elena Bárcena‐Martín +2 more
wiley +1 more source
Does Hysteresis in Unemployment Occur in OECD Countries? Evidence from Parametric and Non-Parametric Panel Unit Roots Tests [PDF]
This study tests the hysteresis hypothesis of unemployment in fourteen OECD countries by examining the stationarity of unemployment rates using several panel unit root tests.
Chia, Ricky Chee-Jiun +2 more
core
Unemployment, hysteresis and transition [PDF]
We quantify the degree of persistence in unemployment rates of transition countries using a variety of methods benchmarked against the EU. In part of the paper, we work with the concept of linear "Hysteresis" as described by the presence of unit roots in
León-Ledesma, Miguel A., McAdam, Peter
core
A Forecasting Model for Japan's Unemployment Rate [PDF]
Eurasian Journal of Business and Economics, 2010 This note aims to achieve a parsimonious fractionally-integrated autoregressive and moving average (ARFIMA) model for recent time series data of Japan's unemployment rate. A brief review of the ARFIMA model is provided, leading to econometric modeling of
Takamitsu KURITA
doaj
The Nature of Occupational Unemployment Rates in the United States: Hysteresis or Structural? [PDF]
This paper provides new evidence on the nature of occupational differences in unemployment dynamics, which is relevant for the debate between the structural or hysteresis hypotheses.
Gil-Alana, Luis A. +2 more
core
Unemployment in Latin America and the Caribbean [PDF]
This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural population ...
Laurence Ball +2 more
core +4 more sources