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Investigating unemployment hysteresis in South Africa

Author

Listed:
  • Nicola Viegi
  • Vincent Dadam
Abstract
Investigating unemployment hysteresis in South Africa

Suggested Citation

  • Nicola Viegi & Vincent Dadam, 2023. "Investigating unemployment hysteresis in South Africa," Working Papers 11043, South African Reserve Bank.
    • Handle: RePEc:rbz:wpaper:11043
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    File URL: https://www.resbank.co.za/content/dam/sarb/publications/working-papers/2023/WP%202304.pdf
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    References listed on IDEAS

    as
    1. Andrew Kerr & Martin Wittenberg & Jairo Arrow, 2014. "Job Creation and Destruction in South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 82(1), pages 1-18, March.
    2. Garga, Vaishali & Singh, Sanjay R., 2021. "Output hysteresis and optimal monetary policy," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 871-886.
    3. repec:hal:spmain:info:hdl:2441/4h9cnu4n2k8tfri093jil1d739 is not listed on IDEAS
    4. Matthias Göcke, 2002. "Various Concepts of Hysteresis Applied in Economics," Journal of Economic Surveys, Wiley Blackwell, vol. 16(2), pages 167-188, April.
    5. Darby, Julia, et al, 1999. "The Impact of Exchange Rate Uncertainty on the Level of Investment," Economic Journal, Royal Economic Society, vol. 109(454), pages 55-67, March.
    6. Dolado, Juan J. & Jimeno, Juan F., 1997. "The causes of Spanish unemployment: A structural VAR approach," European Economic Review, Elsevier, vol. 41(7), pages 1281-1307, July.
    7. Cross, Rod, 1994. "The Macroeconomic Consequences of Discontinuous Adjustment: Selective Memory of Non-dominated Extrema," Scottish Journal of Political Economy, Scottish Economic Society, vol. 41(2), pages 212-221, May.
    8. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
    9. Marc J. Melitz, 2003. "The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity," Econometrica, Econometric Society, vol. 71(6), pages 1695-1725, November.
    10. Valerie Cerra & Antonio Fatás & Sweta C. Saxena, 2023. "Hysteresis and Business Cycles," Journal of Economic Literature, American Economic Association, vol. 61(1), pages 181-225, March.
    11. Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173.
    12. Bruno Amable & Jerome Henry & Frederic Lordon & Richard Topol, 2004. "Complex Remanence vs. Simple Persistence: Are Hysteresis and Unit-Root Processes Observationally Equivalent?," International Symposia in Economic Theory and Econometrics, in: Economic Complexity, pages 67-89, Emerald Group Publishing Limited.
    13. Hughes Hallett, A. J. & Piscitelli, Laura, 2002. "Testing for hysteresis against nonlinear alternatives," Journal of Economic Dynamics and Control, Elsevier, vol. 27(2), pages 303-327, December.
    14. Mr. Vimal V Thakoor, 2020. "Market Power, Growth, and Inclusion: The South African Experience," IMF Working Papers 2020/206, International Monetary Fund.
    15. G Dosi & M C Pereira & A Roventini & M E Virgillito, 2018. "Causes and consequences of hysteresis: aggregate demand, productivity, and employment," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 27(6), pages 1015-1044.
    16. Susanne Maidorn, 2003. "The effects of shocks on the Austrian unemployment rate – a structural VAR approach," Empirical Economics, Springer, vol. 28(2), pages 387-402, April.
    17. Jordi Galí, 2015. "Hysteresis and the European unemployment problem revisited," Economics Working Papers 1488, Department of Economics and Business, Universitat Pompeu Fabra.
    18. Laurence M. Ball, 2009. "Hysteresis in Unemployment: Old and New Evidence," NBER Working Papers 14818, National Bureau of Economic Research, Inc.
    19. Domenico Giannone & Michele Lenza & Giorgio E. Primiceri, 2015. "Prior Selection for Vector Autoregressions," The Review of Economics and Statistics, MIT Press, vol. 97(2), pages 436-451, May.
    20. Bassi, Federico & Lang, Dany, 2016. "Investment hysteresis and potential output: A post-Keynesian–Kaleckian agent-based approach," Economic Modelling, Elsevier, vol. 52(PA), pages 35-49.
    21. Piscitelli, Laura & Cross, Rod & Grinfeld, Michael & Lamba, Harbir, 2000. "A Test for Strong Hysteresis," Computational Economics, Springer;Society for Computational Economics, vol. 15(1-2), pages 59-78, April.
    22. repec:hal:spmain:info:hdl:2441/hiaqa97n684boj041a440irqd is not listed on IDEAS
    23. BRUNO AMABLE & JEROME HENRY & FREDERIC LORDON & RICHARD TOPOL & William A. Barnett & Christophe Deissenberger & Gustav Feichtinger, 2004. "Complex Remanence vs. Simple Persistence: Are Hysteresis and Unit-Root Processes Observationally Equivalent?," International Symposia in Economic Theory and Econometrics, in: Economic Complexity, pages 67-89, Emerald Group Publishing Limited.
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