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The enduring effects of the Great Recession on wage growth in the United States

Baker, Dean - In: European journal of economics and economic policies : … 11 (2014) 2, pp. 195-204

Persistent link: https://www.econbiz.de/10010512305

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

Testing hysteresis effect in U.S. state unemployment : new evidence using a nonlinear quantile unit root test

Bahmani-Oskooee, Mohsen; Chang, Tsangyao; Ranjbar, Omid - In: Applied economics letters 25 (2018) 4, pp. 249-253

Persistent link: https://www.econbiz.de/10011854429

Some like it hot : assessing longer-term labor market benefits from a high-pressure economy

Hotchkiss, Julie L.; Moore, Robert E. - 2018

This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal …

Persistent link: https://www.econbiz.de/10011791237

Testing the hysteresis effect in the US state-level unemployment series

Omay, Tolga; Ozcan, Burcu; Shahbaz, Muhammed - In: Journal of applied economics 23 (2020) 1, pp. 329-348

This paper re-examines the stochastic time series behaviour of the monthly unemployment rate in 50 states of the United States (US) for the period 1976-2017 using a number of state-of-the-art unit root tests. The new developments incorporate structural break, nonlinearity, asymmetry, and...

Persistent link: https://www.econbiz.de/10012257115