large and persistent negative relationships between unemployment and the risk of repeated unemployment and being out of … unemployment has a negative effect on later labor market attachment. This is consistent with existing findings in the literature … present in the data before changing the inference. Thus, unemployment leaves young workers with long-term scars …

This paper provides a model of “social hysteresis,” whereby long, deep recessions demotivate workers and thereby lead …

We argue that, under certain conditions described by a sunk cost hysteresis model, firms consider exports as a … evidence of the importance of sunk costs and hysteresis in international trade in these EMU member countries. What is more, our … and Portugal) the results underscore the empirical validity of the export hysteresis under uncertainty model …

This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit …

Using bootstrap panel analysis, allowing for cross-country correlation, without the need of pre-testing for unit roots …

EU and OECD countries. The estimation approach accounts for firm heterogeneity and selection bias in a panel …

In this paper we estimate disaggregated labour demand equations using panel data involving observations across time …