Gaure, Simen; Røed, Knut - In: Journal of Business Cycle Measurement and Analysis 2007 (2007) 2, pp. 155-173
We decompose variations in the aggregate exit rate from unemployment to employment into two factors: i) Changes in the arrival rate of acceptable job offers; and ii) changes in the composition of the unemployment pool in terms of average employability. We argue that the former of these factors...