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We analyze labor market flows and unemployment in the Czech Republic (CR), Slovakia and Poland over the period 2004-2007. Relative involvement of working-age population in gross labor market flows is approximately five times lower in central Europe than in the U.S. /UK. Yet, compared to...
Persistent link: https://www.econbiz.de/10009512215
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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...
Persistent link: https://www.econbiz.de/10013347155