supports hysteresis theories in which short-run changes in unemployment influence the natural rate. Copyright Springer Science …This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the … determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural …

This paper aims to investigate the unemployment hysteresis hypothesis for Iran, by using annual data of actual … breaks such as ADF and Phillips and Perron (1988) tests and fail to reject the hysteresis hypothesis in unemployment time … series. Our empirical findings are consistent with the hysteresis hypothesis of unemployment. …

paper attributes this stagnation directly to the prolonged period of high unemployment. It notes research showing that the … unemployment in the late 1990s. Given current economic and political trends, it is unlikely that we will again see a level of … unemployment low enough to support broad-based real wage growth in the near future. …

century of UK and USA unemployment data. For both the countries we see a period conforming to hysteresis starting in the early …A novel procedure is applied to test for switches between hysteresis and the natural rate theory over more than a …

Many developed countries have suffered from high unemployment rates during the last few decades. Beyond the economic … and social consequences of this painful experience, the understanding of the mechanisms underlying unemployment still … unemployment. We show that the difficulty of detecting the close relationship between the two is due to a phenomenon of non …

? The underlying idea is that unemployment hysteresis may operate through a sociological channel: if many people in the …This paper examines the existence of a habituation effect to unemployment: Do the unemployed suffer less from job loss … if unemployment is more widespread, if their own unemployment lasts longer and if unemployment is a recurrent experience …

This article analyzes the hysteresis hypothesis in the unemployment rates of the four French overseas regions … root and so find evidence supporting hysteresis in the unemployment rates for the FORs. …

to restore determinacy if skill decay exceeds the threshold level. However, a modest response to unemployment guarantees … determinacy. Moreover, under indeterminacy, both an adverse sunspot shock and an adverse technology shock increase unemployment …

supports hysteresis theories in which short-run changes in unemployment influence the natural rate. …This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the … determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural …