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This paper examines the effects of the distribution of unemployment by duration on the level of unemployment. It …, the unemployment rate increases (decreases). By embodying this assumption in a standard equilibrium unemployment model we … characterize the joint behavior of unemploy- ment and the distribution of unemployment by duration. In the theoretical part of the …
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in models by analysing the measurement of duration dependence of unemployment. Since search theory can’t be made … operational for this purpose duration models which model of the outflow process of unemployment with a Weibull function are taken … principle to make a measure of the elasticity of response between unemployment benefit and duration of unemployment. It enables …
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