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Bekämpfung der langandauernden Arbeitslosigkeit in Deuschland zu leisten, indem es die Wechselwirkung zwischen ökonomischer und …
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The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting … lagged adjustment processes. In the context of estimated labour market systems for Germany, the UK, and the US, we construct …
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