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role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …
Persistent link: https://www.econbiz.de/10009650605
unemployment at large firms are generally found to be more cyclical. However, this stylised fact disappears when the composition of …
Persistent link: https://www.econbiz.de/10008765235