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The peristence of European unemployment stands in striking contrast to the cyclical pattern of unemployment in the US. Many people attribute the rise in European unemployment to increased imbalances between the pattern of labour d¤ emand and supply - in other words, to greater mismatch, but...
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The peristence of European unemployment stands in striking contrast to the cyclical pattern of unemployment in the US. Many people attribute the rise in European unemployment to increased imbalances between the pattern of labour demand and supply - in other words, to greater mismatch, but...
Persistent link: https://www.econbiz.de/10013519421
aggregation and empirical misspecification, relying on both theory and empirical evidence. Using data for a stylised aggregate … any total factor productivity measures computed. Our empirical findings imply that sectoral structure is of crucial …
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