Labor Market Size and Unemployment Duration: A Theoretical Note

When job prospects are uncertain, labor market size matters even when labor and jobs, respectively, are homogenous. The expected unemployment duration and its standard deviation may then differ systematically with labor market size.

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Year of publication:	2004
Authors:	Schaeffer, Peter ; Gebremedhin, Tesfa
Institutions:	Regional Research Institute (RRI), West Virginia University
Subject:	labor market \| unemployment \| labor market size

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number Working Paper 2004-08 15 pages
Classification:	J64 - Unemployment: Models, Duration, Incidence, and Job Search ; J68 - Public Policy ; R12 - Size and Spatial Distributions of Regional Economic Activity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010929311