US. We ask whether entrepreneurship exhibits hysteresis, defined as a macro dynamic structure in which cyclical … fluctuations have persistent effects on the natural rate of entrepreneurship. We find evidence of hysteresis in Spain, but not the … article discusses implications of the findings for the design of entrepreneurship policies. -- Hysteresis ; unobserved …

transition rates. We focus on hysteresis effects of the durations and incidence of previous spells out of work. We estimate … rates to work, and sometimes also from work. The quantitative magnitude of persistency and hysteresis effects on inequality … is modest. -- Duration analysis ; hysteresis ; inequality ; wages ; unemployment ; hazard rates ; employment ; income …

aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social … loss, unemployment duration and hysteresis. The resulting formula is simple and easy to understand and implement. We apply …