Quarterly US unemployment: Cycles, seasons and asymmetries
نویسندگان
چکیده
منابع مشابه
Dynamic Asymmetries in U.s. Unemployment
We examine dynamic asymmetries in U.S unemployment using nonlinear time series models and Bayesian methods. We nd strong statistical evidence in favor of a two-regime threshold autoregressive model. Empirical results indicate that, once we take into account both parameter and model uncertainty, there are economically interesting asymmetries in the unemployment rate. One nding of particular inte...
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ژورنال
عنوان ژورنال: Empirical Economics
سال: 1995
ISSN: 0377-7332,1435-8921
DOI: 10.1007/bf01206066