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increased flow into unemployment in a recession is mainly due to reduced hirings, and hence lower job-to-job transitions, rather …
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The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend … factors to translate unobserved shocks to the labor market into observed cellspecific unemployment rates as well as bilateral …
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The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend … unemployment rates is more sensitive to cyclical behavior for certain demographic groups, specifically unskilled and young workers …
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The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions … between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend … unemployment rates is more sensitive to cyclical behavior for certain demographic groups, specifically unskilled and young workers …
Persistent link: https://www.econbiz.de/10013155345
Uncertainty shocks are found to adversely affect labor market outcomes. Most studies attribute labor adjustments costs for the propagation of macroeconomic uncertainty to the labor market. Given that large establishments in Germany face higher labor adjustments cost, they should be affected more...
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