The geographical distribution and persistence of regional/local unemployment rates in heterogeneous economies (such as … an interest in analysing the dynamic adjustment processes of unemployment and the average degree of dependence of the … current unemployment rates or gross domestic product from the ones observed in the past. In this paper, we present a new …

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 …

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 …

avoid shirking, firms pay fair wages. The wage norms change endogenously, and the result is hysteresis with respect to both …

unemployment, several European economies display highly persistent unemployment dynamics. The theory of hysteresis challenges this … strong empirical evidence of unemployment hysteresis in advanced economies since the 1990s. Relying on an identification …Despite conventional macroeconomic theory is based on the idea that demand shocks can only have temporary effects on …