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actual unemployment and long-term unemployment is estimated and found to be significant for the Euro Area and Germany … Arbeitslosigkeit bzw. der Langzeitarbeitslosigkeit für den Euroraum und für Deutschland signifikant geschätzt wird. Das Vorliegen von …
Persistent link: https://www.econbiz.de/10003744523
Dieser Aufsatz untersucht die Hypothese, dass der Grad an Arbeitsmarkthysterese in Folge einer Rezession von der Reaktion der Geldpolitik abhängt. Der Hysteresegrad wird in der empirischen Untersuchung durch die geldpolitische Reaktion und Standardvariablen für Arbeitsmarktinstitutionen in...
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The non-accelerating inflation rate of unemployment (NAIRU) is not directly observable and the presence of informal … workers imposes an additional challenge in its estimation. Countries with large informal sectors, traditional measures might … formal job. In this paper, we present an estimation of the traditional NAIRU for Mexico and an alternative measure that …
Persistent link: https://www.econbiz.de/10012240303
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We propose that the natural rate of unemployment has an active role in the business cycle, in contrast to the … Phillips-curve framework of low - often extremely low - response of inflation to unemployment could be the result of fairly … most Phillips-curve studies, that conclude that inflation has little relation to unemployment. We suggest that the flat …
Persistent link: https://www.econbiz.de/10014423725
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In this paper we have examined the unemployment rate series in Turkey by using long memory models and in particular … employing fractionally integrated techniques. Our results suggest that unemployment in Turkey is highly persistent, with orders …. We found evidence in favor of mean reversion in the case of female unemployment and this happens for all the groups of …
Persistent link: https://www.econbiz.de/10011735904
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