Blar i Arbeidsnotater / Working Papers på emneord "hysteresis"

Viser treff 1-2 av 2

    • Estimating hysteresis effects 

      Furlanetto, Francesco; Robstad, Ørjan; Ulvedal, Pål; Lepetit, Antoine (Working Paper;13/2020, Working paper, 2020)
      In this paper we extend the standard Blanchard-Quah decomposition to enable fluctuations in aggregate demand to have a long-run impact on the productive capacity of the economy through hysteresis effects. These demand ...

    • Multiple Unemployment Equilibria: Do Transitory Shocks Have Permanent Effects? 

      Akram, Q. Farooq (Working Papers;6/1999, Working paper, 1999)
      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 ...