Showing 1 - 10 of 110
This paper analyzes the unemployment dynamics of 18 Latin American countries for the last four decades. We use a time … series approach to test the mean reversion of unemployment rates and its approximation to a Natural Rate of Unemployment (NRU …, allowing for fractional degrees of differentiation, to assess the persistence of unemployment in the region. Our results …
Persistent link: https://www.econbiz.de/10013097301
In this paper we aim to analyse the dynamics of unemployment in a group of Central and Eastern European Countries … structural changes and nonlinearities, as well as fractional integration, we find that the unemployment rates for the CEECs are …
Persistent link: https://www.econbiz.de/10008536814
This paper analyses the dynamics of the unemployment rate in the eight countries from Central and Eastern Europe which … joined the EU in 2004. Unit root tests allowing for nonlinearities and structural changes suggest that the unemployment rate … are highly persistent, implying a slow rate of convergence to the natural rate of unemployment. The unemployment rate is …
Persistent link: https://www.econbiz.de/10010574230
In this paper we aim to analyse the dynamics of unemployment in a group of Central and Eastern European Countries … structural changes and nonlinearities, as well as fractional integration, we find that the unemployment rates for the CEECs are …
Persistent link: https://www.econbiz.de/10008838926
This paper investigates the empirical relevance of different unemployment theories in three major economies, namely the … UK, the US and Japan, by estimating the degree of dependence in the unemployment series. Both univariate and multivariate …. Specifically, when taking a univariate approach, the unit root null cannot be rejected in case of the UK and Japanese unemployment …
Persistent link: https://www.econbiz.de/10013059850
paper tests the dynamics and hysteresis of theIran’s unemployment rate disaggregated by territory (urban and rural), gender … mostly support the hysteresis in unemployment and so shocks have a persistenceeffect on the unemployment subgroup series …High level of unemployment persistence is important for Iran’s policy makers not only becauseof its weakening impacts …
Persistent link: https://www.econbiz.de/10013238283
This paper investigates the empirical relevance of different unemployment theories in three major economies, namely the … UK, the US and Japan, by estimating the degree of dependence in the unemployment series. Both univariate and multivariate …. Specifically, when taking a univariate approach, the unit root null cannot be rejected in case of the UK and Japanese unemployment …
Persistent link: https://www.econbiz.de/10013060039
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 …
Persistent link: https://www.econbiz.de/10011882654
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 …
Persistent link: https://www.econbiz.de/10011729228
This paper provides new evidence on the nature of occupational differences in unemployment dynamics which is relevent … for the debate between the structural or hysteresis hypotheses. We develop a new statistical framework that tests for the … the 0/1 paradigm about the order of integration, usually implemented for testing the hypothesis of hysteresis in …
Persistent link: https://www.econbiz.de/10012733734