Flek, Vladislav; Hála, Martin; Mysíková, Martina - In: Baltic journal of economics 22 (2022) 1, pp. 49-67
We examine the role of unemployment inflows and outflows in contributing to unemployment cyclicality in Czechia and Poland, using data from the European Union Statistics on Income and Living Conditions, and a three-state model of unemployment variance decomposition. We find that the labour...