𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Dynamic Asymmetries in U.S. Unemployment

✍ Scribed by Gary Koop and Simon M. Potter

Book ID
124697511
Publisher
American Statistical Association
Year
1999
Tongue
English
Weight
500 KB
Volume
17
Category
Article
ISSN
0735-0015

No coin nor oath required. For personal study only.

πŸ“œ SIMILAR VOLUMES

The non-linear dynamics of output and un
The non-linear dynamics of output and unemployment in the U.S.
✍ Filippo Altissimo; Giovanni L. Violante πŸ“‚ Article πŸ“… 2001 πŸ› John Wiley and Sons 🌐 English βš– 454 KB

## Abstract This paper studies the joint dynamics of U.S. output and unemployment rate in a non‐linear VAR model. The non‐linearity is introduced through a feedback variable that endogenously augments the output lags of the VAR in recessionary phases. Sufficient conditions for the ergodicity of the