This paper analyses the dynamics of the unemployment rate in the eight countries from Central and Eastern Europe which … joined the EU in 2004. Unit root tests allowing for nonlinearities and structural changes suggest that the unemployment rate … are highly persistent, implying a slow rate of convergence to the natural rate of unemployment. The unemployment rate is …

permanent effects on German unemployment. This difference in hysteresis, however, depends on the sample. Using recursive and …In this paper we compare the unemployment dynamics of the US and Germany with monthly data up to 2008. With data from … recent subsamples.We conclude that hysteresis has turned into a dominating feature also on US labour market more recently. …

able to generate fragile equilibria. For instance, in this literature the natural unemployment rate is allowed to shift … over time depending on past unemployment. Actually, many European unemployment series seem to exhibit a unit root or … persistence. This view is questioned in the paper using German data on unemployment. A new class of time-series models, the …

unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural …The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This … paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural …

phenomenon of hysteresis in unemployment. Our results show that, although we find evidence of causality from the difference … between observed unemployment and the NAIRU estimates to inflation, it is necessary an additional research effort in this area … of robustness and precision. We have also found evidence of hysteresis in unemployment. …

This paper provides new estimates of a time-varying NAIRU for Germany taking account of the structural break caused by … inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is our suggestion, one … estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the …

This paper is devoted to a new estimation of the non-accelerating inflation rate of unemployment (NAIRU) for the West … German Economy 1980 to 1998. The novelty of the paper is the estimation of a time-varying NAIRU for West Germany employing …, the NAIRU for 1998 is estimated to lie between 7.9 and 8.5 percent. However, based on a presentation of the theoretical …

the unemployment benefit replacement rate also play an important role in explaining changes in the NAIRU although there is …This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time … drivers of structural unemployment. Consistent with earlier studies, the level of product market regulation, union density and …

The structural rate of unemployment and associated non-accelerating inflation rate of unemployment (the NAIRU) are of … applied ...<BR><P>Les concepts de taux de chômage structurel et NAIRU (<I>non accelerating inflation rate of unemployment … representing the NAIRU as currently used by the OECD in its policy analysis and surveillance work. Three distinct classes of NAIRU …