Kluve, Jochen; Schaffner, Sandra; Schmidt, Christoph M. - Rheinisch-Westfälisches Institut für … - 2009
between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend …The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … unemployment rates is more sensitive to cyclical behavior for certain demographic groups, specifically unskilled and young workers …
