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dc.contributor.authorGomes, Fábio Augusto Reis
dc.contributor.authorSilva, Cleomar Gomes da
dc.date.accessioned2018-10-25T18:23:47Z
dc.date.available2018-10-25T18:23:47Z
dc.date.issued2009
dc.identifierhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-64649083196&doi=10.1016%2fj.qref.2007.03.009&partnerID=40&md5=ca2a32a2ee96e0a9ed34d77c057345c8
dc.identifier.issn1062-9769
dc.identifier.urihttp://hdl.handle.net/10438/25349
dc.description.abstractThe aim of this work is to analyze the regional unemployment rate behavior in Brazil. Firstly, unit root tests with structural breaks were used to determine which theoretical framework - hysteresis or NAIRU - is more appropriate to explain the unemployment dynamics not only in six Brazilian metropolitan areas - São Paulo, Rio de Janeiro, Belo Horizonte, Porto Alegre, Salvador and Recife - but also at national level. Hysteresis is found to be the best choice in five, but Rio de Janeiro. This indicates a high persistence in the Brazilian regional unemployment rate. Secondly, we investigated whether these five metropolitan regions, characterized by the hysteresis effect, show a stochastic convergence. The latter was found in every case, but Porto Alegre. © 2007 The Board of Trustees of the University of Illinois.eng
dc.language.isoeng
dc.relation.ispartofseriesQuarterly Review of Economics and Finance
dc.sourceScopus
dc.subjectConvergenceeng
dc.subjectHysteresiseng
dc.subjectNairueng
dc.subjectUnemploymenteng
dc.subjectUnit rooteng
dc.titleHysteresis versus NAIRU and convergence versus divergence: The behavior of regional unemployment rates in Brazileng
dc.typeArticle (Journal/Review)eng
dc.contributor.unidadefgvEscolas::EESPpor
dc.subject.bibliodataDesemprego - Brasilpor
dc.contributor.affiliationFGV
dc.identifier.doi10.1016/j.qref.2007.03.009
dc.rights.accessRightsrestrictedAccesseng
dc.identifier.scopus2-s2.0-64649083196


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