. -- output ; employment ; seasonal cointegration …

Unemployment in France rose steadily from the early-seventies to the mid-eighties. Since the mid-eighties it has … continued to experience fluctuations around a very high average level. Equilibrium unemployment theories are a useful framework …, which includes a larger number of potential unemployment determinants than earlier work, allows an enriched reading of the …

/price-setting theory, this increase should reduce structural unemployment, because labour market flexibility increases and labour costs … impact of the relationship between the extensiveness of the low-pay sector and structural unemployment. Data from Germany … 1991 to 2008, indicate a positive impact of the growing low-wage sector on structural unemployment. Moreover, some …

policy, could not be a solution for unemployment. On the other hand, cutting working hours boosts labor efficiency so sharply …

long-term interest rates and output and unemployment, for which no evidence of standard cointegration is found … the components are cointegrated, the data are said to have hidden cointegration. The implication of hidden cointegration … hidden cointegration is a simple example of nonlinear cointegration. Economic examples are provided with U.S. short-term and …