Browsing by Author "fdd35910-2b10-4ca8-b9f2-a639da73516b"
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Common smooth transition trend-stationarity in European unemployment
Franchi, M.; Ordóñez, Javier Elsevier (2008)This paper analyzes the hypothesis of hysteresis in Europe. The results are favorable to smooth transition trend-stationarity in European unemployment rates around highly persistent structural changes. In addition, we find ...