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The price puzzle and the hysteresis hypothesis : SVEC analysis for the US economy
Deleidi, Matteo; Levrero, Enrico Sergio - In: Review of political economy 32 (2020) 1, pp. 22-29
Persistent link: https://www.econbiz.de/10012310450
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Testing the waters of positive hysteresis : the effects of autonomous demand shocks on inflation, accumulation, and labor in the US economy
Di Domenico, Lorenzo; Gahn, Santiago José; Romaniello, … - 2024
Persistent link: https://www.econbiz.de/10014547037
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Rational institutions yield hysteresis
Di Tella, Rafael; MacCulloch, Robert - 2000
. Adjustment costs of changing benefits can introduce hysteresis in benefit setting and unemployment. Both (very) bad and good … feature of the model is that the mechanism yielding hysteresis (which requires a concave utility function) ceases to operate …
Persistent link: https://www.econbiz.de/10010515690
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Multiple equilibria and the distribution of the real exchange rate : an application to the US-Australian real exchange rate
Creedy, John; Lye, Jenny N.; Martin, Vance - 1991
Persistent link: https://www.econbiz.de/10000829903
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Persistent unemployment, wages and hysteresis
Graafland, Johan J. - 1990
Persistent link: https://www.econbiz.de/10000838745
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Dissent on convergence : the role of public factors, international trade and path dependence
Ziesemer, Thomas - 1996
Persistent link: https://www.econbiz.de/10000598254
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Causes for persistent unemployment and fluctuations in monetary economics
Amadeo, Edward J. - 1992
Persistent link: https://www.econbiz.de/10000136224
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Path-dependent option valuation when the underlying path is discontinuous
Zhou, Chunsheng - 1997
Persistent link: https://www.econbiz.de/10000633272
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International evidence on sticky consumption growth
Carroll, Chris (contributor); Slacalek, Jirka (contributor);  … - 2008
"We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10003651594
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International evidence on sticky consumption growth
Carroll, Chris (contributor); Slacalek, Jirka (contributor);  … - 2008
We estimate the degree of "stickiness" in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10003778438