Commission to calculate the structural budget balance. Starting from the direct relationship between this latter and the NAWRU … attention on the poor economic significance of the NAWRU and its large volatility over time. Finally, by the means of panel data … estimations, we find out that the NAWRU is correlated with the economic cycle, which implies pro-cyclical effects on structural …

``Mathematical Models of Hysteresis``. Thus, before discussing the proposed research in detail, it is worthwhile to describe and … of hysteresis. All these models have a common generic feature; they are constructed as superpositions of simplest … these models and such topics as: the critical state model for superconducting hysteresis, the classical Stoner …

Mathematical Models of Hysteresis''. Thus, before discussing the proposed research in detail, it is worthwhile to describe and … of hysteresis. All these models have a common generic feature; they are constructed as superpositions of simplest … these models and such topics as: the critical state model for superconducting hysteresis, the classical Stoner …

analytically. Under certain conditions the model exhibits hysteresis, i.e. temporary shocks on the price level or the unemployment …

optimal investment trigger is considerably higher. Hence real options give an explanation for economic hysteresis. The reason …

rate and the international trade. Such phenomenon is called hysteresis.In this sense, the objective of this work is to … verify the existence of hysteresis in the Brazilianinternational trade with special interest in the agricultural sector. The … results indicate existence of simple hysteresis in the exchange rate and in the Brazilian imports as well weakhysteresis in …

Motivated by a strong degree of hysteresis in the stock of monetization observed after the end of hyperinflations, I … literature, I show that when hysteresis is possible, an orthodox fiscal-monetary reform that successfully stops a speculative …