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Non-linearities and fractional integration in the US unemployment rate

Caporale, Guglielmo Maria; Gil-Alana, Luis A. - 2004

This paper proposes a model of the US unemployment rate which accounts for both its asymmetry and its long memory. Our approach, based on the tests of Robinson (1994), introduces fractional integration and nonlinearities simultaneously into the same framework (unlike earlier studies employing a...

Persistent link: https://www.econbiz.de/10010295392

Unemployment persistence in Europe : evidence from the 27 EU countries

Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; Trejo, … - 2021

This paper investigates unemployment persistence in the 27 EU member states by applying fractional integration methods to quarterly data (both seasonally adjusted and unadjusted) from 2000q1 to 2020q4. The obtained evidence points to high levels of persistence in all cases. With seasonally...

Persistent link: https://www.econbiz.de/10012668044

An assessment of the severity of unemployment in Nigeria : evidence from fractional integration

Tule, Moses Kpughur; Oduh, Moses Onyema; Chiemeke, … - In: Journal of African business 19 (2018) 1, pp. 39-61

Persistent link: https://www.econbiz.de/10011930341

Unemployment and COVID-19 : an analysis of change in persistence

Bermejo Muñoz, Lorenzo; Malmierca-Ordoqui, Maria; … - In: Applied economics 55 (2023) 39, pp. 4511-4521

Persistent link: https://www.econbiz.de/10014301998

Long-lasting economic effects of pandemics : evidence on growth and unemployment

Rodríguez-Caballero, C. Vladimir; Vera-Valdés, J. Eduardo - In: Econometrics : open access journal 8 (2020) 3/37, pp. 1-16

This paper studies long economic series to assess the long-lasting effects of pandemics. We analyze if periods that cover pandemics have a change in trend and persistence in growth, and in level and persistence in unemployment. We find that there is an upward trend in the persistence level of...

Persistent link: https://www.econbiz.de/10012295989

Inflation/unemployment regimes and the instability of the Phillips curve

Ormerod, Paul; Rosewell, Bridget; Phelps, Peter - 2009

Using the statistical technique of fuzzy clustering, regimes of inflation and unemployment are explored for the United … inflation/unemployment space. There is considerable similarity across the countries in both the regimes themselves and in the … timings of the transitions between regimes. However, the typical rates of inflation and unemployment experienced in the …

Persistent link: https://www.econbiz.de/10010299186