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Mean reversion, volatility persistence, long memory, time scales, stochastic volatility, GARCH, spurious long memory. - I discuss mean reversion in the first and the second moment of the return distribution. After a discussion of the concepts and a summary of the findings in the literature, I...
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Shift-share-analysis, structural unemployment, empirical study, labor market segmentation, German labour market. - Die Arbeit behandelt die strukturierte Arbeitslosigkeit in Deutschland, also die Tatsache, dass bestimmte Arbeitsmarktgruppen von Arbeitslosigkeit stärker betroffen sind als...
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