persistence. This view is questioned in the paper using German data on unemployment. A new class of time-series models, the …

different generations of European immigrants to the US. The main result is that persistence differs greatly across cultural … persistence than previously thought. Finally, we show that persistence is “culture specific" in the sense that the country from …

rates display a high degree of serial correlation, or `persistence'; (2) the average rate of unemployment has been higher in … also generates other empirically testable hypotheses, concerning cyclical variations in unemployment persistence, the … influence of firing costs and the `discouraged worker' effect on unemployment persistence, and the effect of barriers to the …

aggregate unemployment persistence based on externalities at a market level rather than individual-level persistence. …

The paper provides an empirical analysis of inflation persistence in one of inflation targeting countries, the Czech …, display smaller inflation persistence than durables and processed goods. Inflation seems to be somewhat less persistent after … competition, is found to be negatively related to inflation persistence, suggesting that competition is not conducive to reducing …

the measures of persistence existing in the literature. The regime-dependent persistence also explains the finding that …

externalities. Third, we provide strong confirmation of the existence of persistence. Finally, we reject the view that the …