unemployment rates are studied. Applying a range of unit-root tests to monthly data from Australia, Austria, Canada, Finland …, Sweden, the U.K. and the U.S., we find results for employment rates that contrast those based on unemployment rates. In … particular, rather than the mixed evidence for hysteresis found using unemployment rates, employment rates result in unequivocal …

worker who experiences a one-percentage-point higher unemployment rate while the worker is 16-24 years old has a 0 ….14 percentage-point higher unemployment rate at ages 25-29 and 0.03 percentage points higher at ages 30-34. The persistence of this …

This paper studies the dynamics of unemployment (u) and its natural rate (u*), with u* measured by real-time estimates …

labor market and skill obsolescence from long-term unemployment. The model can account for key features of the Great … aggregate demand raises unemployment and the training costs associated with skill obsolescence. Lower employment hinders …

The focus of our study is on determining whether unemployment rates in 8 New Industrialized Economies conform to the … findings and confirms hysteresis in all unemployment rates except for Asian economies/countries of Thailand and the Philippines. …