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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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In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural … shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends … contribution of the two transition rates to the volatility of unemployment, whereas the search shock implies a disproportionate …
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apprenticeship training have longer job durations. In contrast, the larger the number of unemployment and employment spells, the …
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