Modelling the behaviour of unemployment rates in the US over time and across space

This paper provides evidence that unemployment rates across US states are stationary and therefore behave according to the natural rate hypothesis. We provide new insights by considering the effect of key variables on the speed of adjustment associated with unemployment shocks. A highly-dimensional...

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Autores:

Tipo de recurso:

Fecha de publicación:

2013

Institución:

Universidad del Rosario

Repositorio:

Repositorio EdocUR - U. Rosario

Idioma:

eng

OAI Identifier:

oai:repository.urosario.edu.co:10336/22805

Acceso en línea:

https://doi.org/10.1016/j.physa.2013.07.023
https://repository.urosario.edu.co/handle/10336/22805

Palabra clave:

Half lives
Key variables
Market integration
Quantile regression
Unemployment
Unemployment rates
Var analysis
Employment
Population statistics
Market integration
Speed of adjustment
Unemployment

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Abierto (Texto Completo)