Persistence of Unemployment
Title | Persistence of Unemployment PDF eBook |
Author | Stephen R.G. Jones |
Publisher | McGill-Queen's Press - MQUP |
Pages | 183 |
Release | 1995-11-01 |
Genre | Business & Economics |
ISBN | 0773565426 |
The deep recession and slow recovery of the Canadian economy in the 1980s and the lengthy recession of the early 1990s raised serious questions about economic policy making. The steady worsening of Canadian unemployment rates led some economists to doubt the traditional view that the national economy is by nature self-correcting and to endorse the concept of hysteresis - the idea that the unemployment rate may display no tendency to return to an unchanging natural rate. Such hysteresis would have important and far-reaching implications for economic policy, particularly monetary policy. Jones provides an overview of leading theories of hysteresis and examines international and Canadian evidence from both microeconomic and macroeconomic perspectives. He extends the econometric analysis of hysteresis at both the micro and macro levels and concludes that while there is some evidence of dependence in Canada, the overall picture is not one of hysteresis.
Is Hysteresis a Characteristic of the Canadian Labour Market?
Title | Is Hysteresis a Characteristic of the Canadian Labour Market? PDF eBook |
Author | Stephen S. Poloz |
Publisher | |
Pages | 24 |
Release | 1992 |
Genre | Labor market |
ISBN |
Is Hysteresis a Characteristic of the Canadian Labour Market?
Title | Is Hysteresis a Characteristic of the Canadian Labour Market? PDF eBook |
Author | Stephen S. Poloz |
Publisher | |
Pages | 24 |
Release | 1992 |
Genre | |
ISBN |
Is Hysteresis a Characteristic of the Canadian Labour Market?
Title | Is Hysteresis a Characteristic of the Canadian Labour Market? PDF eBook |
Author | Stephen S. Poloz |
Publisher | |
Pages | 36 |
Release | 1992 |
Genre | Labor market |
ISBN |
Hysteresis in the Canadian Labour Market
Title | Hysteresis in the Canadian Labour Market PDF eBook |
Author | Loretta Nott |
Publisher | London : Department of Economics, University of Western Ontario |
Pages | 19 |
Release | 1996 |
Genre | |
ISBN | 9780771419225 |
HYSTERESIS IN THE CANADIAN LABOUR MARKET: EVIDENCE FROM THE 1990S
Title | HYSTERESIS IN THE CANADIAN LABOUR MARKET: EVIDENCE FROM THE 1990S PDF eBook |
Author | Loretta NOTT |
Publisher | |
Pages | |
Release | 1996 |
Genre | |
ISBN |
A Study of Hysteresis in the Open Canadian Economy
Title | A Study of Hysteresis in the Open Canadian Economy PDF eBook |
Author | Ming Ouyang |
Publisher | |
Pages | 368 |
Release | 1997 |
Genre | |
ISBN |