Hysteresis Effects In Economics

Download Hysteresis Effects In Economics full books in PDF, epub, and Kindle. Read online Hysteresis Effects In Economics ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Hysteresis Effects in Economic Models

Author : Wolfgang Franz
Publisher : Springer Science & Business Media
ISBN 13 : 3642515436
Total Pages : 127 pages
Book Rating : 4.6/5 (425 download)

DOWNLOAD NOW!

Book Synopsis Hysteresis Effects in Economic Models by : Wolfgang Franz

Download or read book Hysteresis Effects in Economic Models written by Wolfgang Franz and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is devoted to the hysteresis phenomenon in economic relationships. This topic has received renewed attention in economics especially in the late eigh ties. Since the issue is not settled there is still a growing literature on it. The aim of this volume is to summarize the findings, present new results, and to draw attention to further research. All papers are written for this volume and are not published elsewhere. I am very grateful to all authors and referees without whose prompt and generous help this volume would not appear in the present form. A short summary of each paper is given in section 5 of the overview paper. Konstanz, January 1990 Wolfgang Franz University of Konstanz Contents Hysteresis in Economic Relationships: An Overview W. Franz . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Hysteresis in Trade R. Baldwin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Some Evidence on the Membership Hysteresis Hypothesis in Europe M. C. Burda . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 Insider-Outsider Influences on Industry Wages D. T. Coe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 Testing for Hysteresis in Unemployment An Unobserved Components Approach A. Jaeger and M. Parkinson. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77 Unemployment and Deterioration of Human Capital J. Moller . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91 Hysteresis, Nairn and Long Term Unemployment in Austria P. Neudorfer, K. Pichelmann and M. Wagner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109 Hysteresis in Economic Relationships: An Overview l By W. Franz Can the socialist man be created so as not to show any hysteresis trace of his bourgois or peasant past? N. Georgescu-Roegen (l971. p. 126) 1 Introduction The hysteresis phenomenon has received renewed attention in economic science.

Hysteresis and Business Cycles

Author : Ms.Valerie Cerra
Publisher : International Monetary Fund
ISBN 13 : 1513536990
Total Pages : 50 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Hysteresis and Business Cycles by : Ms.Valerie Cerra

Download or read book Hysteresis and Business Cycles written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2020-05-29 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.

Hysteresis Effects in Economic Models

Author : Wolfgang Franz
Publisher :
ISBN 13 : 9783642515446
Total Pages : 136 pages
Book Rating : 4.5/5 (154 download)

DOWNLOAD NOW!

Book Synopsis Hysteresis Effects in Economic Models by : Wolfgang Franz

Download or read book Hysteresis Effects in Economic Models written by Wolfgang Franz and published by . This book was released on 1990-07-13 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Hysteresis Effects in Economics

Author : Ansgar Belke
Publisher :
ISBN 13 : 9783867885287
Total Pages : pages
Book Rating : 4.8/5 (852 download)

DOWNLOAD NOW!

Book Synopsis Hysteresis Effects in Economics by : Ansgar Belke

Download or read book Hysteresis Effects in Economics written by Ansgar Belke and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

NBER Macroeconomics Annual 1986

Author :
Publisher :
ISBN 13 : 9780262560375
Total Pages : 409 pages
Book Rating : 4.5/5 (63 download)

DOWNLOAD NOW!

Book Synopsis NBER Macroeconomics Annual 1986 by :

Download or read book NBER Macroeconomics Annual 1986 written by and published by . This book was released on 1986 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Hysteresis

Author : José Carlos Dias
Publisher : Nova Science Publishers
ISBN 13 : 9781633213364
Total Pages : 0 pages
Book Rating : 4.2/5 (133 download)

DOWNLOAD NOW!

Book Synopsis Hysteresis by : José Carlos Dias

Download or read book Hysteresis written by José Carlos Dias and published by Nova Science Publishers. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of complex hysteresis problems has become increasingly important in recent years, since the hysteresis phenomenon affects significantly the decisions that have to be rendered in a wide range of real-world practical applications. For example, the so-called hysteresis effects may influence substantially some fields not directly related to the natural sciences such as finance, economy, or fiscal policy. In addition, such phenomenon is also typically present in many engineering and physics applications of interest such as in magnetism, spin-valve technology, semiconductors, surface physics, aeronautical and civil engineering aerodynamics, complex battery systems, biology, etc. This book focuses on the most recent attempts for modeling a diverse variety of complex hysteresis problems faced in economics, engineering, and physics. The chapters of this book provide a self-contained, rigorous, and clear treatment of the different types and sources of hysteresis under a large spectrum of applications. The book also highlights how stochastic control and other mathematical tools as well as econometric techniques can be applied for analyzing the complex properties of hysteresis problems. This authoritative book is a definitive guide on how to understand the newest designs for modeling hysteresis in highly complex systems and thus it will be an essential reading for graduate students and researchers in economics, engineering, and physics.

Hysteresis in an Open Economy Model

Author : Terry O'Shaughnessy
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!

Book Synopsis Hysteresis in an Open Economy Model by : Terry O'Shaughnessy

Download or read book Hysteresis in an Open Economy Model written by Terry O'Shaughnessy and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inflation and Activity – Two Explorations and their Monetary Policy Implications

Author : Mr.Olivier J. Blanchard
Publisher : International Monetary Fund
ISBN 13 : 1513555839
Total Pages : 29 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Inflation and Activity – Two Explorations and their Monetary Policy Implications by : Mr.Olivier J. Blanchard

Download or read book Inflation and Activity – Two Explorations and their Monetary Policy Implications written by Mr.Olivier J. Blanchard and published by International Monetary Fund. This book was released on 2015-11-06 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years in 23 countries. We find that a high proportion of them have been followed by lower output or even lower growth. To examine the second, we estimate a Phillips curve relation over the past 50 years for 20 countries. We find that the effect of unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then. We draw implications of our findings for monetary policy.

Hysteresis in Labor Markets? Evidence from Professional Long-Term Forecasts

Author : Mr.John C Bluedorn
Publisher : International Monetary Fund
ISBN 13 : 1498315690
Total Pages : 22 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Hysteresis in Labor Markets? Evidence from Professional Long-Term Forecasts by : Mr.John C Bluedorn

Download or read book Hysteresis in Labor Markets? Evidence from Professional Long-Term Forecasts written by Mr.John C Bluedorn and published by International Monetary Fund. This book was released on 2019-05-23 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore the long-term impact of economic booms on labor market outcomes using a novel approach based on revisions to professional forecasts over the past 30 years for 34 advanced economies. We find that when employment rises unexpectedly, forecasters typically raise their long-term forecasts of employment by more than one-for-one and also expect a strong rise in labor force participation, suggesting more persistent effects than is traditionally assumed. Economic booms associated with changes in aggregate demand, when inflation is rising and unemployment falling unexpectedly, also come with persistent long-term effects on expected employment and labor force participation, suggesting positive hysteresis. Our forecast evaluation tests indicate that forecasters are, on average, unbiased in their assessment of these positive, persistent effects.

Differential Models of Hysteresis

Author : Augusto Visintin
Publisher : Springer Science & Business Media
ISBN 13 : 3662115573
Total Pages : 420 pages
Book Rating : 4.6/5 (621 download)

DOWNLOAD NOW!

Book Synopsis Differential Models of Hysteresis by : Augusto Visintin

Download or read book Differential Models of Hysteresis written by Augusto Visintin and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hysteresis effects occur in science and engineering: plasticity, ferromagnetism, ferroelectricity are well-known examples. This volume provides a self-contained and comprehensive introduction to the analysis of hysteresis models, and illustrates several new results in this field.

The Globotics Upheaval

Author : Richard Baldwin
Publisher : Oxford University Press
ISBN 13 : 0190901780
Total Pages : 305 pages
Book Rating : 4.1/5 (99 download)

DOWNLOAD NOW!

Book Synopsis The Globotics Upheaval by : Richard Baldwin

Download or read book The Globotics Upheaval written by Richard Baldwin and published by Oxford University Press. This book was released on 2019-01-09 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the root of inequality, unemployment, and populism are radical changes in the world economy. Digital technology is allowing talented foreigners to telecommute into our workplaces and compete for service and professional jobs. Instant machine translation is melting language barriers, so the ranks of these "tele-migrants" will soon include almost every educated person in the world. Computing power is dissolving humans' monopoly on thinking, enabling AI-trained computers to compete for many of the same white-collar jobs. The combination of globalization and robotics is creating the globotics upheaval, and it threatens the very foundations of the liberal welfare-state. Richard Baldwin, one of the world's leading globalization experts, argues that the inhuman speed of this transformation threatens to overwhelm our capacity to adapt. From computers in the office to automatic ordering systems in restaurants, we are familiar with the how digital technologies offer convenience while also eliminating jobs. Globotics will disrupt the lives of millions of white-collar workers much faster than automation, industrialization, and globalization disrupted the lives of factory workers in previous centuries. The result will be a backlash. Professional, white-collar, and service workers will agitate for a slowing of the unprecedented pace of disruption, as factory workers have done in years past. Baldwin argues that the globotics upheaval will be countered in the short run by "shelter-ism" - government policies that shelter some service jobs from tele-migrants and thinking computers. In the long run, people will work in more human jobs-activities that require real people to use the uniquely human ability of independent thought-and this will strengthen bonds in local communities. Offering effective strategies such as focusing on the social value of work, The Globotics Upheaval will help people prepare for the oncoming wave of an advanced robotic workforce.

Hysteresis and Phase Transitions

Author : Martin Brokate
Publisher : Springer Science & Business Media
ISBN 13 : 1461240484
Total Pages : 368 pages
Book Rating : 4.4/5 (612 download)

DOWNLOAD NOW!

Book Synopsis Hysteresis and Phase Transitions by : Martin Brokate

Download or read book Hysteresis and Phase Transitions written by Martin Brokate and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hysteresis is an exciting and mathematically challenging phenomenon that oc curs in rather different situations: jt, can be a byproduct offundamental physical mechanisms (such as phase transitions) or the consequence of a degradation or imperfection (like the play in a mechanical system), or it is built deliberately into a system in order to monitor its behaviour, as in the case of the heat control via thermostats. The delicate interplay between memory effects and the occurrence of hys teresis loops has the effect that hysteresis is a genuinely nonlinear phenomenon which is usually non-smooth and thus not easy to treat mathematically. Hence it was only in the early seventies that the group of Russian scientists around M. A. Krasnoselskii initiated a systematic mathematical investigation of the phenomenon of hysteresis which culminated in the fundamental monograph Krasnoselskii-Pokrovskii (1983). In the meantime, many mathematicians have contributed to the mathematical theory, and the important monographs of 1. Mayergoyz (1991) and A. Visintin (1994a) have appeared. We came into contact with the notion of hysteresis around the year 1980.

Estimating Hysteresis Effects

Author : Francesco Furlanetto
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (126 download)

DOWNLOAD NOW!

Book Synopsis Estimating Hysteresis Effects by : Francesco Furlanetto

Download or read book Estimating Hysteresis Effects written by Francesco Furlanetto and published by . This book was released on 2021 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we identify demand shocks that can have a permanent effect on output through hysteresis effects. We call these shocks permanent demand shocks. They are found to be quantitatively important in the United States, in particular when the Great Recession is included in the sample. Recessions driven by permanent demand shocks lead to a permanent decline in employment and investment (including R&D investment), while output per worker is largely unaffected. We find strong evidence that hysteresis transmits through a rise in long-term unemployment and a decline in labor force participation and disproportionately affects the least productive workers.

Systems with Hysteresis

Author : Mark A. Krasnosel'skii
Publisher : Springer Science & Business Media
ISBN 13 : 3642613020
Total Pages : 429 pages
Book Rating : 4.6/5 (426 download)

DOWNLOAD NOW!

Book Synopsis Systems with Hysteresis by : Mark A. Krasnosel'skii

Download or read book Systems with Hysteresis written by Mark A. Krasnosel'skii and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hysteresis phenomena are common in numerous physical, mechanical, ecological and biological systems. They reflect memory effects and process irreversibility. The use of hysteresis operators (hysterons) offers an approach to macroscopic modelling of the dynamics of phase transitions and rheological systems. The applications cover processes in electromagnetism, elastoplasticity and population dynamics in particular. Hysterons are also typical elements of control systems where they represent thermostats and other discontinuous controllers with memory. The book offers the first systematic mathematical treatment of hysteresis nonlinearities. Construction procedures are set up for hysterons in various function spaces, in continuous and discontinuous cases. A general theory of variable hysterons is developed, including identification and stability questions. Both deterministic and non-deterministic hysterons are considered, with applications to the study of feedback systems. Many of the results presented - mostly obtained by the authors and their scientific group - have not been published before. The book is essentially self contained and is addressed both to researchers and advanced students.

Hysteresis Effects in a Model of the Phillips Curve

Author : Terry O'Shaughnessy
Publisher :
ISBN 13 :
Total Pages : 19 pages
Book Rating : 4.:/5 (6 download)

DOWNLOAD NOW!

Book Synopsis Hysteresis Effects in a Model of the Phillips Curve by : Terry O'Shaughnessy

Download or read book Hysteresis Effects in a Model of the Phillips Curve written by Terry O'Shaughnessy and published by . This book was released on 1993 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Rate and Direction of Inventive Activity Revisited

Author : Josh Lerner
Publisher : University of Chicago Press
ISBN 13 : 0226473031
Total Pages : 715 pages
Book Rating : 4.2/5 (264 download)

DOWNLOAD NOW!

Book Synopsis The Rate and Direction of Inventive Activity Revisited by : Josh Lerner

Download or read book The Rate and Direction of Inventive Activity Revisited written by Josh Lerner and published by University of Chicago Press. This book was released on 2012-04-15 with total page 715 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers contributions to questions relating to the economics of innovation and technological change. Central to the development of new technologies are institutional environments and among the topics discussed are the roles played by universities and the ways in which the allocation of funds affects innovation.

Encyclopedia of Snow, Ice and Glaciers

Author : Vijay P. Singh
Publisher : Springer Science & Business Media
ISBN 13 : 9048126428
Total Pages : 1301 pages
Book Rating : 4.0/5 (481 download)

DOWNLOAD NOW!

Book Synopsis Encyclopedia of Snow, Ice and Glaciers by : Vijay P. Singh

Download or read book Encyclopedia of Snow, Ice and Glaciers written by Vijay P. Singh and published by Springer Science & Business Media. This book was released on 2011-06-29 with total page 1301 pages. Available in PDF, EPUB and Kindle. Book excerpt: The earth’s cryosphere, which includes snow, glaciers, ice caps, ice sheets, ice shelves, sea ice, river and lake ice, and permafrost, contains about 75% of the earth’s fresh water. It exists at almost all latitudes, from the tropics to the poles, and plays a vital role in controlling the global climate system. It also provides direct visible evidence of the effect of climate change, and, therefore, requires proper understanding of its complex dynamics. This encyclopedia mainly focuses on the various aspects of snow, ice and glaciers, but also covers other cryospheric branches, and provides up-to-date information and basic concepts on relevant topics. It includes alphabetically arranged and professionally written, comprehensive and authoritative academic articles by well-known international experts in individual fields. The encyclopedia contains a broad spectrum of topics, ranging from the atmospheric processes responsible for snow formation; transformation of snow to ice and changes in their properties; classification of ice and glaciers and their worldwide distribution; glaciation and ice ages; glacier dynamics; glacier surface and subsurface characteristics; geomorphic processes and landscape formation; hydrology and sedimentary systems; permafrost degradation; hazards caused by cryospheric changes; and trends of glacier retreat on the global scale along with the impact of climate change. This book can serve as a source of reference at the undergraduate and graduate level and help to better understand snow, ice and glaciers. It will also be an indispensable tool containing specialized literature for geologists, geographers, climatologists, hydrologists, and water resources engineers; as well as for those who are engaged in the practice of agricultural and civil engineering, earth sciences, environmental sciences and engineering, ecosystem management, and other relevant subjects.