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  • All HBS Web  (3)
    • Research  (3)
  • Faculty Publications  (2)

Show Results For

  • All HBS Web  (3)
    • Research  (3)
  • Faculty Publications  (2)
Page 1 of 3 Results
  • December 2006
  • Article

Europe vs America: Institutional Hysteresis in a Simple Normative Model

By: Rafael Di Tella and Robert MacCulloch
We show how the differences in US and European institutions can arise in a normative model. The paper focuses on the labor market and the government's decision to set unemployment benefits in response to an unemployment shock. The government balances insurance... View Details
Keywords: Optimal Unemployment Benefits; Labor Market Institutions; Hysteresis; Europe; United States
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Di Tella, Rafael, and Robert MacCulloch. "Europe vs America: Institutional Hysteresis in a Simple Normative Model." Journal of Public Economics 90, no. 12 (December 2006): 2161–86.
  • 2000
  • Working Paper

Rational Institutions Yield Hysteresis

By: Rafael Di Tella and Robert MacCulloch
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Di Tella, Rafael, and Robert MacCulloch. "Rational Institutions Yield Hysteresis." Harvard Business School Working Paper, No. 01-037, December 2000.
  • 29 May 2018
  • First Look

New Research and Ideas, May 29, 2018

Rate, Innovation and Productivity: Regional Heterogeneity, Asymmetries and Hysteresis By: Alfaro, Laura, Alejandro Cuñat, Harald Fadinger, and Yanping Liu Abstract—We evaluate manufacturing firms' responses to changes in the real exchange... View Details
Keywords: Dina Gerdeman
  • 1
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