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The Measurement of Persistence and Hysteresis in Aggregate Unemployment

Author

Listed:
  • Ossama Mikhail
  • Curtis J. Eberwein
  • Jagdish Handa

Abstract

There exists no consensus regarding the definition and the measure of persistence. We aim to spark research interests to address the lack of a standard definition. This paper reviews this issue and proposes an informal definition to unemployment persistence.

Suggested Citation

  • Ossama Mikhail & Curtis J. Eberwein & Jagdish Handa, 2003. "The Measurement of Persistence and Hysteresis in Aggregate Unemployment," Method and Hist of Econ Thought 0311002, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpmh:0311002
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mhet/papers/0311/0311002.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Łukasz Arendt, 2006. "Czy w Polsce występuje efekt histerezy bezrobocia?," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 11-12, pages 25-46.

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    More about this item

    Keywords

    Hysteresis; Persistence; Business Cycle Fluctuations; Unemployment.;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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