van Ours, Jan; Gautier, P.A.; van den Berg, G.; Ridder, G. - Tilburg University, Center for Economic Research - 1999
-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …
