Showing 1 - 10 of 29
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration, compositional effects and duration dependence of the exit rate...
Persistent link: https://www.econbiz.de/10010324727
Persistent link: https://www.econbiz.de/10011415996
Persistent link: https://www.econbiz.de/10011345229
Persistent link: https://www.econbiz.de/10010528381
Persistent link: https://www.econbiz.de/10010257460
Perron and Wada (J Monet Econ 56:749-65, 2009) propose a new method of decomposition of the GDP in its trend and cycle …, which presents a mixture of normals in the disturbances of the trend and cycle component of output. The obtained trend …
Persistent link: https://www.econbiz.de/10010254293
Persistent link: https://www.econbiz.de/10011481732
The paper sets out a monetary business cycle model with three alternative exchange technologies, the cash … puzzles of the monetary business cycle theory. The credit model improves the ability to explain the procyclic movement of …
Persistent link: https://www.econbiz.de/10011516921
Persistent link: https://www.econbiz.de/10011566758
Persistent link: https://www.econbiz.de/10010490188