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Unit Root in the Wage‐Price Spiral Is Not Hysteresis in Unemployment

Author

Listed:
  • Bruno Amable
  • Jérôme Henry
  • Frédéric Lordon
  • Richard Topol

Abstract

Keywords: Economics, Labour market, Microeconomics, Econometrics, Unemployment

Suggested Citation

  • Bruno Amable & Jérôme Henry & Frédéric Lordon & Richard Topol, 1993. "Unit Root in the Wage‐Price Spiral Is Not Hysteresis in Unemployment," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 20(1/2), pages 1-1, January.
    • Handle: RePEc:eme:jespps:01443589310038551
    DOI: 10.1108/01443589310038551
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    Citations

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    Cited by:

    1. Bassi, Federico & Bauermann, Tom & Lang, Dany & Setterfield, Mark, 2022. "Is capacity utilization variable in the long run? An agent-based sectoral approach to modeling hysteresis in the normal rate of capacity utilization," Structural Change and Economic Dynamics, Elsevier, vol. 63(C), pages 196-212.
    2. Mark Setterfield, 2023. "Will hysteresis effects afflict the US economy during the post-COVID recovery?," Working Papers 2306, New School for Social Research, Department of Economics.

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