Konjunkturzyklus. Es zeigt sich, dass der jahrzehntelange Aufwärtstrend der Arbeitslosigkeit in Deutschland vollständig durch Hysterese … erklärt werden kann. Dagegen folgte die Arbeitslosigkeit in den USA keinem Hysterese-Muster, auch nicht während der großen … Rezession. Deutschland überstand diese Rezession so gut, weil sowohl Hysterese als auch strukturelle Arbeitslosigkeit durch …

One of the stylized facts of unemployment is that shifts in its mean rate between decades and half-decades account for …-parametric density estimation techniques to identify the dates of infrequent changes in the mean of the unemployment rate series of 17 … countries. They find that in most countries, unemployment persistence is small once the (infrequently) changing mean rate has …

This paper revisits the dynamics of unemployment rate for 29 OECD countries over the period of 1980-2013. Numerous … empirical studies of the dynamics of unemployment rate are carried out within a linear framework. However, unemployment rate can … time series exhibits nonlinear behaviour. Our empirical findings provide significant evidence in favour of unemployment …

I examine whether the cyclical behavior of unemployment has changed over the post WWII period. Specifically, I test … whether cyclical movements in unemployment have become more persistent. Finding that they have, indeed, become more persistent … payroll employment as well as unemployment and that increased persistence appears to be widespread across industries. At the …

This work aims to test the persistence of Italian unemployment rate during last fifty years. To this scope we find … evidences of a unit root, also when we allow for the presence of structural shifts so that the level of unemployment has a path … macroregional behaviours so that the great bulk of persistence is given by Center - Southern unemployment. It implies that changes …

I analyze the matching process in the Spanish labor market from 1994-2005. I use monthly registered unemployment data … emphasize the crucial role of the demand in generating the outflows from unemployment to employment. The ECT coefficient … from unemployment to employment appears to be the sole endogenous variable. …