Rodriguez Gil, Antonio - 2016
-shock on long-term unemployment. Our findings suggest that there is hysteresis in both countries, and that it happens through …This paper uses data for the UK and the Netherlands (1983q4-2011q4) to test if hysteresis occurs in these economics …, and through what mechanisms. The novelty of the paper resides in the use of a VAR-IRF that encompasses previous hysteresis …
