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the permanent and transitory components for the movements of the unemployment rate in four countries (Austria, France, UK …
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labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … productivity. …
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We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...
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