Narrow search
Showing 1 - 10 of 117
Cover Image
The nature of occupational unemployment rates in the United States: hysteresis or structural?
Candelon, Bertrand; Dupuy, Arnaud; Gil-Alana, Luis - 2008
This paper provides new evidence on the nature of occupational differences in unemployment dynamics, which is relevant for the debate between the structural or hysteresis hypotheses. We develop a procedure that permits us to test for the presence of a structural break at unknown date. Our...
Persistent link: https://www.econbiz.de/10010268561
Cover Image
Long Memory in Turkish Unemployment Rates
Gil-Alaña, Luis A.; Ozdemir, Zeynel Abidin; Tansel, Aysit - 2017
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 of integration equal to or higher than 1 in most...
Persistent link: https://www.econbiz.de/10011744765
Cover Image
International labour force participation rates by gender: Unit root or structural breaks?
Ozdemir, Zeynel Abidin; Balcilar, Mehmet; Tansel, Aysit - 2011
This paper examines the possibility of unit roots in the presence of endogenously determined multiple structural breaks in the total, female and male labour force participation rates (LFPR) for Australia, Canada and the USA. We extend the procedure of Gil-Alana (2008) for single structural break...
Persistent link: https://www.econbiz.de/10010282306
Cover Image
International Labour Force Participation Rates by Gender: Unit Root or Structural Breaks?
Ozdemir, Zeynel Abidin; Balcilar, Mehmet; Tansel, Aysit - Institute for the Study of Labor (IZA) - 2011
This paper examines the possibility of unit roots in the presence of endogenously determined multiple structural breaks in the total, female and male labour force participation rates (LFPR) for Australia, Canada and the USA. We extend the procedure of Gil-Alana (2008) for single structural break...
Persistent link: https://www.econbiz.de/10009359856
Cover Image
The Nature of Occupational Unemployment Rates in the United States: Hysteresis or Structural?
Candelon, Bertrand; Dupuy, Arnaud; Gil-Alana, Luis A. - Institute for the Study of Labor (IZA) - 2008
This paper provides new evidence on the nature of occupational differences in unemployment dynamics, which is relevant for the debate between the structural or hysteresis hypotheses. We develop a procedure that permits us to test for the presence of a structural break at unknown date. Our...
Persistent link: https://www.econbiz.de/10005822105
Cover Image
Aggregation in large dynamic panels
Pesaran, Mohammad Hashem; Chudik, Alexander - 2011
concludes with an empirical application to consumer price inflation in Germany, France and Italy, and re-examines the extent to … which observed inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our … persistence of the aggregate inflation. …
Persistent link: https://www.econbiz.de/10010285520
Cover Image
Aggregation in Large Dynamic Panels
Pesaran, Hashem; Chudik, Alexander - Institute for the Study of Labor (IZA) - 2011
concludes with an empirical application to consumer price inflation in Germany, France and Italy, and re-examines the extent to … which ‘observed’ inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our … persistence of the aggregate inflation. …
Persistent link: https://www.econbiz.de/10008839293
Cover Image
Inflation Adjustment and Labour Market Structures : Evidence from a Multi-Country Study
Nunziata, Luca; Bowdler, Christopher - 2005
An empirical analysis of the impact of labour market structures on the response of inflation to macroeconomic shocks is … presented. Results based on a 20 country panel show that if labour market coordination is high, the effect on inflation of … inflation to its reduced form determinants. These findings are attributed to the behaviour of wages following movements in …
Persistent link: https://www.econbiz.de/10010262222
Cover Image
Examining the Impact of Macro-Economic Conditions on Income Inequality
Jäntti, Markus; Jenkins, Stephen P. - 2001
and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …
Persistent link: https://www.econbiz.de/10010262571
Cover Image
A search model of unemployment and inflation
Lehmann, Etienne - 2006
money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal …
Persistent link: https://www.econbiz.de/10010267772