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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
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New Trade Theory Takes Over Monetary Theory
Gani, M - EconWPA - 2004
Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...
Persistent link: https://www.econbiz.de/10005408069
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ASYMMETRY, PERSISTENCE AND NON-LINEARITY OF SPANISH UNEMPLOYMENT RATES
Garcia, Jose Maria Casado; Bielsa, Javier Trivez - EconWPA - 2004
Spanish unemployment, focusing on demonstrating its long memory and generating macro-economic models with autoregressive … vectors in which the unemployment variable is presumed to be non-stationary and co-integrated. Its consideration in this … suppose, the same as Skalin and Teräsvirta (2002), a behaviour for unemployment which is locally non-stationary in a globally …
Persistent link: https://www.econbiz.de/10005119367
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Do Small and Medium-Sized Enterprises Stabilize Employment? Theoretical Considerations and Evidence from Germany
Fendel, Ralf; Frenkel, Michael - EconWPA - 1996
The hypothesis that the behavior of firms in adjusting the number of their employees along a business cycle depends on the size of the firms has often been mentioned in the literature. Several authors argue that small and medium sized enterprises are more hesitant in hiring additional employees...
Persistent link: https://www.econbiz.de/10005135008