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Recent work by David Lilien has argued that the existence of a strong positive correlation between the dispersion of employment growth rates across sectors (G) and the unemployment rate implies that shifts in demand from some sectors to others are responsible for a substantial fraction of...
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observed increase in LTU. Next, using panel data from the Current Population Survey for 2002-2007, we calibrate a matching …
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observed increase in LTU. Next, using panel data from the Current Population Survey for 2002-2007, we calibrate a matching …
Persistent link: https://www.econbiz.de/10012458392