Similar Search Results

Long memory in Turkish unemployment rates

Gil-Alana, Luis A.; Ozdemir, Zeynel Abidin; Tansel, Aysit - 2017

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 of integration equal to or higher than 1 in most...

Persistent link: https://www.econbiz.de/10011882654

Long memory in Turkish Unemployment Rates

Gil-Alana, Luis A.; Ozdemir, Zeynel Abidin; Tansel, Aysit - 2017

Persistent link: https://www.econbiz.de/10011729228

Long Memory in Turkish Unemployment Rates

Gil-Alaña, Luis A.; Ozdemir, Zeynel Abidin; Tansel, Aysit - 2017

Persistent link: https://www.econbiz.de/10011744765

Multiple Unemployment Equilibria: Do Transitory Shocks Have Permanent Effects?

Akram, Q. Farooq - 2000

This paper tests for multiple equilibria in the Norwegian unemployment rate and investigates whether it displays asymmetric response to positive and negative shocks. Linear and nonlinear univariate models are employed to account for the unemployment behaviour over the period 1972-1997. Among...

Persistent link: https://www.econbiz.de/10012143559

The Nature of Occupational Unemployment Rates in the United States : Hysteresis or Structural?

Candelon, Bertrand; Dupuy, Arnaud; Gil-Alana, Luis A. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008

for the debate between the structural or hysteresis hypotheses. We develop a procedure that permits us to test for the …

Persistent link: https://www.econbiz.de/10005859547

Will the (German) NAIRU please stand up?

Franz, Wolfgang - 2003

occurrence of shocks and hysteresis effects, the (mis-)measurement of important variables such as in ation expectations …

Persistent link: https://www.econbiz.de/10011448601

The Nature of Occupational Unemployment Rates in the United States : Hysteresis or Structural?

Candelon, Bertrand - 2006

for the debate between the structural or hysteresis hypotheses. We develop a new statistical framework that tests for the … the 0/1 paradigm about the order of integration, usually implemented for testing the hypothesis of hysteresis in … hysteresis hypotheses, but stress the importance of estimating the degree of persistence of seasonal shocks together with the …

Persistent link: https://www.econbiz.de/10012733734

Centurial Evidence of Breaks in the Persistence of Unemployment

Ghoshray, Atanu - 2016

A novel procedure is applied to test for switches between hysteresis and the natural rate theory over more than a … century of UK and USA unemployment data. For both the countries we see a period conforming to hysteresis starting in the early …

Persistent link: https://www.econbiz.de/10012979965

Unemployment Rate Hysteresis and the Great Recession : Exploring the Metropolitan Evidence

Canarella, Giorgio - 2020

This paper explores the mean-reverting behavior of the unemployment rate using monthly geographically disaggregated data for the period 1991:01 through 2012:02. We apply both standard unit-root tests and tests that allow for one and two structural breaks in the mean. We find evidence that favors...

Persistent link: https://www.econbiz.de/10012857002

Unemployment Persistence in Europe : Evidence from the 27 EU Countries

Caporale, Guglielmo Maria; Gil-Alana, Luis A.; Trejo, … - 2021

in others and not changing in a minority of cases. On the whole, our results support the hysteresis hypothesis for the …

Persistent link: https://www.econbiz.de/10013322015