Showing 1 - 10 of 14
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
"In this paper we study the effect of small labor market entry cohorts on (un)employment in Western Germany. From a … theoretical point of view, decreasing cohort sizes may on the one hand reduce unemployment due to 'inverse cohort crowding' or on … the other hand increase unemployment if companies reduce jobs disproportionately. Consequently, the actual effect of …
Persistent link: https://www.econbiz.de/10009293298
"The labour-market policy-mix in Germany is increasingly being decided on a regional level. This requires additional knowledge about the regional development which (disaggregated) national forecasts cannot provide. Therefore, we separately forecast employment for the 176 German labour- market...
Persistent link: https://www.econbiz.de/10005132546
"The labour-market policy-mix in Germany is increasingly being decided on a regional level. This requires additional knowledge about the regional development which (disaggregated) national forecasts cannot provide. Therefore, we separately forecast employment for the 176 German labour- market...
Persistent link: https://www.econbiz.de/10010592291
"It is broadly accepted that two aspects regarding the modeling strategy are essential for the accuracy of forecast: a parsimonious model focusing on the important structures, and the quality of prospective information. Here, we establish a Global VAR framework, a technique that considers a...
Persistent link: https://www.econbiz.de/10011220297
unemployment in the short run. In this data we can discriminate between close and less-close peers to overcome the reflection …
Persistent link: https://www.econbiz.de/10010641636
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
"We forecast unemployment for the 176 German labour-market districts on a monthly basis. Because of their small size …
Persistent link: https://www.econbiz.de/10005537154
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