unemployment at large firms are generally found to be more cyclical. However, this stylised fact disappears when the composition of …

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 …

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 …

negative duration dependence of exit rates from unemployment. Our model has a number of novel testable implications. For …

, directly from employer to employer as well as indirectly via an unemployment spell. In addition they are more likely to change …

, directly from employer to employer as well as indirectly via an unemployment spell. In addition they are more likely to change …