Titlebook: Hysteresis Effects in Economic Models; Wolfgang Franz Conference proceedings 1990 Springer-Verlag Berlin Heidelberg 1990 economics.employm

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https://doi.org/10.1007/978-3-662-24695-5-price formation. The empirical results point towards a considerable amount of persistence in unemployment generated by the rising share of long-term unemployed that has been associated with the increase in overall unemployment in Austria.

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Insider-Outsider Influences on Industry Wages,lysis to the industry level. Based on a specification which nests alternative models of the wage determination process, estimation results are presented for fifteen industries using annual data for fourteen industrialized countries, and for pooled time-series cross-country data. The paper also tests

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https://doi.org/10.1007/978-3-662-24691-7lysis to the industry level. Based on a specification which nests alternative models of the wage determination process, estimation results are presented for fifteen industries using annual data for fourteen industrialized countries, and for pooled time-series cross-country data. The paper also tests

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https://doi.org/10.1007/978-3-662-24692-4oping in a situation of excess supply on the labour market, implying the existence of multiple equilibria. Empirical estimation of the distribution function with German labour market data 1984–1987 reveals that the multiple equilibrium case is likely to be relevant in reality.