Similar Search Results

Narrow search

The Measurement of Persistence and Hysteresis in Aggregate Unemployment.

Mikhail, Ossama; Eberwein, Curtis J.; Handa, Jagdish - EconWPA - 2003

unemployment persistence. …

Persistent link: https://www.econbiz.de/10005126077

On the Evidence of Non-Linear Structure in Canadian Unemployment.

Mikhail, Ossama; Eberwein, Curtis J.; Handa, Jagdish - EconWPA - 2003

In this paper, we focus on and examine the empirical evidence of non- linearity in aggregate Canadian unemployment … reject the null hypothesis of a linear structure for Canadian unemployment. …

Persistent link: https://www.econbiz.de/10005412624

Is corporatism feasible?

Acocella, Nicola; Bartolomeo, Giovanni Di - EconWPA - 2003

In this paper we consider a standard policy game between the Government and a union. In such a framework, we first investigate the effects of corporatism on macroeconomic performance vis-à-vis different kinds of non-co-operative equilibria. Afterwards, we introduce in the literature the issue...

Persistent link: https://www.econbiz.de/10005076716

Testing and Estimating Persistence in Canadian Unemployment.

Mikhail, Ossama; Eberwein, Curtis J.; Handa, Jagdish - EconWPA - 2003

A vital implication of unemployment persistence applies to the Bank of Canada's disinflation policies since it … adversely influences unemployment and considerably lengthens recessions. This paper tests for persistence in Canadian sectoral … unemployment, using the modified rescaled-range test. Our results show evidence of persistence in sectoral unemployment that …

Persistent link: https://www.econbiz.de/10005062535

Can Sectoral Shifts Generate Persistent Unemployment in Real Business Cycle Models?

Mikhail, Ossama; Eberwein, Curtis J.; Handa, Jagdish - EconWPA - 2003

This paper extends the standard Real Business Cycle model to incorporate sectoral shifts in unemployment. Using … possibility of generating persistent aggregate unemployment. Calibrated to Canadian data, the models suggest that the introduction … the observed persistence in unemployment. Empirically, we estimated a Vector Auto-Regressive model and successfully …

Persistent link: https://www.econbiz.de/10005412613

Is corporatism feasible?

Acocella, Nicola; Bartolomeo, Giovanni Di - EconWPA - 2005

This paper investigates the effects of cooperation (corporatism) on macroeconomic performance by considering a rather standard policy game between the government and a monopoly union. We stress the shortcomings of the traditional way used to model cooperation in policy games (the maximization of...

Persistent link: https://www.econbiz.de/10005412619