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Using a unique sample of new Ph.D. economists in 1987 and 1997, we examine how job seekers and their employers alter their search strategies in strong versus weak markets. The 1987 academic market was strong while the 1997 market was much weaker. A multimarket theory of optimal search suggests...
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The Middle East and North Africa (MENA) region shows high levels of unemployment rates among youth and the rate of …
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