Some Further Evidence on Hysteresis in Unemployment Rates

Some Further Evidence on Hysteresis in Unemployment Rates
Author :
Publisher :
Total Pages : 24
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ISBN-10 : CORNELL:31924071629814
ISBN-13 :
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Book Synopsis Some Further Evidence on Hysteresis in Unemployment Rates by : Bengt Assarsson

Download or read book Some Further Evidence on Hysteresis in Unemployment Rates written by Bengt Assarsson and published by . This book was released on 1995 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:


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Abstract: This paper argues that hysteresis helps explain the long-run behavior of unemployment. The natural rate of unemployment is influenced by the path of a