In this paper we have examined the unemployment rate series in Turkey by using long memory models and in particular … employing fractionally integrated techniques. Our results suggest that unemployment in Turkey is highly persistent, with orders …. We found evidence in favor of mean reversion in the case of female unemployment and this happens for all the groups of …

structural breaks. The results show that unemployment hysteresis hypothesis is strongly rejected when taking into account the …This paper revisits the dynamics of unemployment rate for 29 OECD countries over the period of 1980-2013. Numerous … empirical studies of the dynamics of unemployment rate are carried out within a linear framework. However, unemployment rate can …

integration ; misalignment ; second-generation panel unit root and cointegration tests …

We propose and estimate a model where unemployment fluctuations result from self-fulfilling changes in expected … European unemployment rates. They also generate positive comovements in macroeconomic variables and a large relative volatility … fact that liquidity constrained workers, facing earnings uncertainty in the context of imperfect unemployment insurance …

High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … individual panel data for Germany and repeated cross-sectional data for the United States and the European Union show that the … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private …

and inflation volatility ; labor turnover costs ; unemployment benefits ; unemployment ; eurozone …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …

We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed …-term unemployment and find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, 5 …

unemployment. Using a panel data approach, this paper models directly the specific structural determinants of the natural rate of … downward rigidity of wages and grease or sand effects of positive levels of inflation. -- Phillips Curve ; unemployment ; panel …This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The …