Kuhn, Moritz; Manovskii, Iourii; Qiu, Xincheng - National Bureau of Economic Research - 2021
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment … across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle …