Showing 1 - 10 of 8,101
In this paper we have examined the unemployment rate series in Turkey by using long memory models and in particular … employing fractionally integrated techniques. Our results suggest that unemployment in Turkey is highly persistent, with orders …. We found evidence in favor of mean reversion in the case of female unemployment and this happens for all the groups of …
Persistent link: https://www.econbiz.de/10011735904
In this paper we have examined the unemployment rate series in Turkey by using long memory models and in particular … employing fractionally integrated techniques. Our results suggest that unemployment in Turkey is highly persistent, with orders …. We found evidence in favor of mean reversion in the case of female unemployment and this happens for all the groups of …
Persistent link: https://www.econbiz.de/10011882654
This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical … occurrence of shocks and hysteresis effects, the (mis-)measurement of important variables such as in ation expectations …
Persistent link: https://www.econbiz.de/10011448601
findings and confirms hysteresis in all unemployment rates except for Asian economies/countries of Thailand and the Philippines. …The focus of our study is on determining whether unemployment rates in 8 New Industrialized Economies conform to the … natural rate hypothesis or the hysteresis hypothesis. To this end, we employ a variety of unit of unit root testing procedures …
Persistent link: https://www.econbiz.de/10012145673
This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical … occurrence of shocks and hysteresis effects, the (mis-)measurement of important variables such as in ation expectations …
Persistent link: https://www.econbiz.de/10010297287
unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural …The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This … paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural …
Persistent link: https://www.econbiz.de/10008542505
This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical … occurrence of shocks and hysteresis effects, the (mis-)measurement of important variables such as in ation expectations …
Persistent link: https://www.econbiz.de/10005097479
Persistent link: https://www.econbiz.de/10012210465
Persistent link: https://www.econbiz.de/10011736310
This paper studies the dynamics of unemployment (u) and its natural rate (u*), with u* measured by real-time estimates … for 29 countries from the OECD. We find strong evidence of hysteresis: an innovation in u causes u* to change in the same …
Persistent link: https://www.econbiz.de/10012705521