This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal … Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a …

This paper explores evidence for positive hysteresis in the labor market. Using data from the National Longitudinal … Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a … negative impact of high unemployment periods on labor market outcomes of disadvantaged groups, making extension of high …

This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal … Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a …

This paper re-examines the stochastic time series behaviour of the monthly unemployment rate in 50 states of the United … unemployment rate in 47 states. The findings confirm a natural rate hypothesis for the labour markets in the most US states …, indicating that labour market shocks have solely temporary effects on state-level unemployment. This empirical study provides …

. Adjustment costs of changing benefits can introduce hysteresis in benefit setting and unemployment. Both (very) bad and good … unemployment benefits in response to an unemployment shock in a simple, reduced-form model of the labor market. It is found that … temporary shocks (including monetary) can permanently reduce unemployment benefits and the unemployment rate. A desirable …