Add to ORKGThe unemployment rate in the euro area appears to contain a significant nonstationary component, suggesting that some shocks have permanent effects on that variable. I explore possible sources of this nonstationarity through the lens of a New Keynesian model with unemployment, and assess their empirical relevance
This paper examines “hysteresis” in which persistent unemployment takes on structural characteristic...
We are grateful to Niels Gottfries for comments on an earlier draft of this paper. The recent Europe...
© University of Economics, Prague. The paper examines the hysteresis hypothesis in unemployment in t...
The unemployment rate in the euro area appears to contain a significant nonstationary component, s...
This paper analyzes the hypothesis of hysteresis in Europe. The results are favorable to smooth tran...
Unemployment is one of the most important problems that all countries must overcome. As a result, it...
In the 1980s, a very sharp rise in unemployment rates was recorded in Europe. In accordance with the...
The goal of the objective is give an empirical answer to the problem that is facing the Economic The...
This paper elucidates hysteresis using a simple model of market entry and exit. A procedure for calc...
abstract: we suggest a new test for hysteresis in unemployment based on an unobserved components mod...
abstract: we suggest an unobserved components model that can be used to evaluate unemployment data f...
This paper points out what hysteresis is using a simple model of market entry and exit. A procedure ...
This study examines the lower and higher boundaries for the threshold value to be considered an indi...
We develop a growth model with unemployment due to imperfections in the labor market. In this model,...
We develop a growth model with unemployment due to imperfections in the labor market. In this model,...
This paper examines “hysteresis” in which persistent unemployment takes on structural characteristic...
We are grateful to Niels Gottfries for comments on an earlier draft of this paper. The recent Europe...
© University of Economics, Prague. The paper examines the hysteresis hypothesis in unemployment in t...
The unemployment rate in the euro area appears to contain a significant nonstationary component, s...
This paper analyzes the hypothesis of hysteresis in Europe. The results are favorable to smooth tran...
Unemployment is one of the most important problems that all countries must overcome. As a result, it...
In the 1980s, a very sharp rise in unemployment rates was recorded in Europe. In accordance with the...
The goal of the objective is give an empirical answer to the problem that is facing the Economic The...
This paper elucidates hysteresis using a simple model of market entry and exit. A procedure for calc...
abstract: we suggest a new test for hysteresis in unemployment based on an unobserved components mod...
abstract: we suggest an unobserved components model that can be used to evaluate unemployment data f...
This paper points out what hysteresis is using a simple model of market entry and exit. A procedure ...
This study examines the lower and higher boundaries for the threshold value to be considered an indi...
We develop a growth model with unemployment due to imperfections in the labor market. In this model,...
We develop a growth model with unemployment due to imperfections in the labor market. In this model,...
This paper examines “hysteresis” in which persistent unemployment takes on structural characteristic...
We are grateful to Niels Gottfries for comments on an earlier draft of this paper. The recent Europe...
© University of Economics, Prague. The paper examines the hysteresis hypothesis in unemployment in t...