Kluve, Jochen; Schaffner, Sandra; Schmidt, Christoph M. - Institut für Wirtschafts- und Sozialstatistik, … - 2006
between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend …The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … factors to translate unobserved shocks to the labor market into observed cellspecific unemployment rates as well as bilateral …