Gautier, Pieter A.; Berg, Gerard J. van den; Ours, Jan … - Faculteit der Economische Wetenschappen en … - 1999
-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …
