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This paper studies the relationship between the change in the unemployment rate and output growth using an approach … recessions. The framework also highlights the potential misspecification in conventional models of Okun's Law unless stringent …
Persistent link: https://www.econbiz.de/10011940045
firms can explain the relatively high level of unemployment amongstlower educated workers and the relatively strong … level of education can notexplain the stronger cyclicality of the unemployment rate for lower educatedworkers. We conclude …
Persistent link: https://www.econbiz.de/10011300551
becoming juniormedical specialist. To deal with selectivity, we simultaneously model thetransitions from unemployment to … trainee, from unemployment to medicalassistant, from medical asistant to trainee and from medical assistant tounemployment. We …
Persistent link: https://www.econbiz.de/10011301153
We investigate whether national borders within Europe hinder the assortative matching of workers to firms in a high skilled labor market. We characterize worker productivity as the ability to contribute to physical output and define firm productivity as the capacity to transform physical output...
Persistent link: https://www.econbiz.de/10013359032