Time Series Evidence of Unemployment Flows: The Sample Period Matters.
Worker flows to and from unemployment occur at all stages of the U.S. business cycle. The flows' dynamics affect the dynamics of the unemployment rate. This article studies the dynamics of unemployment flows and the unemployment rate and explores and documents changes over time. Rigorous diagnostic tests are used to investigate the structural stability of projectional relationships involving flows and the unemployment rate.
Year of publication: |
1999
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Authors: | Merz, Monika |
Published in: |
Journal of Business & Economic Statistics. - American Statistical Association. - Vol. 17.1999, 3, p. 324-34
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Publisher: |
American Statistical Association |
Saved in:
Saved in favorites
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