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

phenomenon which has been previously described as ``hysteresis in unemployment''. I find that hysteresis was a significant …Long-term unemployment was a problem both during the Great Depression and today. As employers view the long … demand during the Second World War provided jobs even to the long-term unemployed. As a result, the hysteresis effect was …

estimates of hysteresis in unemployment. The results suggest that hysteresis effects from de-skilling are very small at the … Statistics Canada--to test whether there is negative duration dependence in unemployment spells. It updates and extends similar …-skilling hypothesis of hysteresis. These microeconomic estimates of negative duration dependence are used to compute macroeconomic …