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This paper starts from the definition that "structural unemployment occurs when workers are unable to fill available jobs because they lack the skills, do not live where jobs are available, or are unwilling to work at the wage rate offered in the market." This implies that the number of...
Persistent link: https://www.econbiz.de/10005328169
Labour economists have developed elaborate theoretical models and conducted very advanced econometric analysis of the decision making of households. But this emphasis on the supply side of the labour market has not been matched by any corresponding degree of sophistication in empirical analysis...
Persistent link: https://www.econbiz.de/10005695594