Similar Search Results

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

Monopoly Market with Externality: an Analysis with Statistical Physics and ACE

Nadal, Jean Pierre; Phan, Denis; Gordan, Mirta B.; … - EconWPA - 2003

In this paper, we explore the effects of localised externalities introduced through interaction structures upon the properties of the simplest market model: the discrete choice model with a single homogeneous product and a single seller (the monopoly case). The resulting market is viewed as a...

Persistent link: https://www.econbiz.de/10005134576

Complex Remanence vs. Simple Persistence: Are Hysteresis and Unit-Root Processes observationally equivalent?

amable, bruno; henry, jerome; lordon, frederic; topol, … - EconWPA - 2005

The hysteresis terminology has mainly been used in two fields of economics, unemplyment and international trade, with a … process. This stresses the specific relevance of a non-linear approach to hysteresis. …

Persistent link: https://www.econbiz.de/10005134578

Some Reflections on Trend-Cycle Decompositions with Correlated Components

Proietti, Tommaso - EconWPA - 2002

component; a cycle in growth rates, rather than in the levels; the hysteresis phenomenon; permanent- transitory decompositions …

Persistent link: https://www.econbiz.de/10005062543

Hysteresis in Export Markets

Opromolla, Luca David; Irarrazabal, Alfonso - EconWPA - 2005

Bernard, Eaton, Jensen and Kortum (2003) and provides additional new predictions. Reentry export costs generate hysteresis in …

Persistent link: https://www.econbiz.de/10005408015

Currency Substitution, Unoffical Dollarization and Estimates of Foreign Currency Held Abroad: The Case of Croatia

Feige, Edgar L.; Faulend, Michael; Sonje, Velimir; … - EconWPA - 2001

This paper employs new estimates of US currency held abroad to determine the degree of unofficial or de facto dollarization that has taken place in key countries around the world. Empirical estimates of foreign currency in circulation permits refined definitions of unofficial dollarization...

Persistent link: https://www.econbiz.de/10005556659

Labor Market Conditions, Political Events and Palestinian Suicide Bombings

Sayre, Edward A. - EconWPA - 2005

Objectives. This paper analyzes the relationship between Palestinian suicide bombings and economic and political conditions from 1993 to 2001. Labor market conditions could affect the number of terror attacks because when the economy worsens, the opportunity cost of engaging in suicide terrorism...

Persistent link: https://www.econbiz.de/10005076534

A Simple Model of Keynesian Unemployment

Nakajima, Tetsuya - EconWPA - 2005

equities, we examine equilibrium unemployment. While a mechanism of an efficiency wage brings about nominal wage rigidity …, unemployment occurring in our model definitely has Keynesian features. For instance, a reduction in wages rather enhances … unemployment through a decrease in consumption. In addition, our paper shows a possibility of Pareto improvement through an …

Persistent link: https://www.econbiz.de/10005076693

Money in Market Clearing

Gani, Mohammad - EconWPA - 2004

unemployment, undue instability, and excess debt. …

Persistent link: https://www.econbiz.de/10005076719

Aging, Labor Markets and Pension Reform in Austria

Christian, Keuschnigg; Mirela, Keuschnigg - EconWPA - 2004

unemployment. The public sector is decomposed into general government and an unfunded pension system with a tax benefit linkage … effects. They strengthen labor supply both in terms of job search intensity, leading to lower unemployment rates, and hours …

Persistent link: https://www.econbiz.de/10005125671