02-116/4 - What goes up sometimes stays up: Shocks and Institutions as Determinants of Unemployment Persistence

• Authors
  Gianni Amisano, University of Brescia, Italy; Massimiliano Serati, Cattaneo University, Italy
• Publication date
  November 18, 2002

• Keywords
  unemployment persistence; insiders-outsiders; hysteresis; structural VAR analysis; Bayesian inference
• JEL
  E24; J64