Showing 1 - 6 of 6
unemployment persistence. …
Persistent link: https://www.econbiz.de/10005126077
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
"Often the high level of unemployment in Germany is explained by a lack of flexibility, over-regulation in the labour …, regulation, and social security systems will show the importance of these institutions for the mobility of individuals. In this … market institutions exerting some influence on churning appear to be: the share of fixed term contracts in total employment …
Persistent link: https://www.econbiz.de/10005537116
"Often the high level of unemployment in Germany is explained by a lack of flexibility, over-regulation in the labour …, regulation, and social security systems will show the importance of these institutions for the mobility of individuals. In this … market institutions exerting some influence on churning appear to be: the share of fixed term contracts in total employment …
Persistent link: https://www.econbiz.de/10010592342
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
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