Showing 1 - 6 of 6
. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …
Persistent link: https://www.econbiz.de/10005504624
job stayers is mostly accounted for by great wage adjustments during the period when the unemployment rate reaches a …
Persistent link: https://www.econbiz.de/10001745260
We use a 12-dimensional VAR to examine the dynamic effects on the labour market of four structural technology and policy shocks. For each shock, we examine the dynamic effects on the labour market, the importance of the shock for labour market volatility, and the comovement between labour market...
Persistent link: https://www.econbiz.de/10005123759
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 Pissarides’ search and matching approach, we demonstrate that the changes in unemployment …
Persistent link: https://www.econbiz.de/10011083363
Persistent link: https://www.econbiz.de/10002415325
This paper uses county-level data to estimate the timing and magnitude of shifts in aggregate and regional British Beveridge curves. We find that these shifts coincide with the business cycle rather than with hysteresis effects or with changes in regional mismatch. This implies that the...
Persistent link: https://www.econbiz.de/10005498171