Anosova, Daria; Sonin, Konstantin; Vanags, Alf; Zasova, Anna - C.E.P.R. Discussion Papers - 2013
In terms of output decline and increase in unemployment, the economic recession in Latvia that started during the 2008-09 financial crisis was one of the most severe in the world. Using both decomposition of the unemployment rate into structural and cyclical components and Mortensen and...
