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increase in the pace of job creation and destruction may have substantial effects on employment and unemployment;the effects … may be out of its unemployment equilibrium for quite a long time after a shock occurs.The novelty of the model is that it … takes explicitly account of the propagationof shocks through the various duration classes of unemployment andallows for …
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This article analyses shifts in employment structures in a selection of eight EU countries (the Czech Republic, Germany, Spain, France, Ireland, Italy, Romania and Sweden), as well as employment dynamics at the aggregate EU level. This is done for four periods, separated by the financial crisis...
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The construction bust which accompanied the Great Recession, and the accompanying need to shift workers across sectors, have provoked a discussion about mismatch and the Beveridge Curve, alongside a discussion about firm-level dispersion. These discussions echo an ongoing discussion about the...
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of aggregate unemployment in postwar data. While this range may seem wide it is an indication that the importance of …
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