Bonthuis, Boele; Jarvis, Valerie; Vanhala, Juuso - Suomen Pankki - 2015
This paper analyses euro area Beveridge curves at the euro area aggregate and country level over the past 25 years. Using an autoregressive distributed lag model we find a significant outward shift in the euro area Beveridge curve since the onset of the crisis, but considerable heterogeneity at...