In this paper the seasonal unit root test of Hylleberg et al. (1990) is generalized to cover a heterogenous panel. The … necessary to have a higher time dimension than cross section dimension. The new test is applied for unemployment behaviour in … industrialized countries. In some cases seasonal unit roots are detected. However, the null hypotheses of panel seasonal unit roots …

and is estimated on a panel of 15 OECD countries. The estimates show that consumer prices may be as much as 21 percent … effect of coordination on unemployment. …

Labor and product market regulations affect the unemployment rate of a country without doubt. Econometricians, however … problems, is overcome by adopting a Bayesian Model Averaging approach. I apply this method to a panel data set that covers 17 … indicators are identified as significant determinants of unemployment. Endogeneity due to reverse causality is also considered by …

institutions and present empirical evidence in form of estimated price equations in a panel of 15 OECD countries. The estimates … wages, this may explain why there is no clear effect of coordination on unemployment. …

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 …

, however, rejects this thesis for German panel data and finds individual unemployment to be even more hurtful when aggregate …While rising unemployment generally reduces people's happiness, researchers argue that there is a compensating social … unemployment is higher. On the other hand, an extended model that separately considers individuals who feel stigmatised from living …

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 …

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 …

a panel cointegration approach. The main idea behind this choice is that this approach allows to directly estimate …