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Four years after the beginning of the Great Recession, the labor market remains historically weak. Many observers have concluded that "structural" impediments to recovery bear some of the blame. This paper reviews such structural explanations. I find that there is little evidence supporting...
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Austrian Beveridge curve. We find empirical evidence that the increase in the unemployment rate in Austria after 2011 can … 2014 and the related increase in unemployment was almost exclusively caused by a decrease in matching efficiency …
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Beveridge curve (BC), which indicates the relationship between unemployment and vacancy rates. This research analyzes the … unemployment-vacancy rate dynamics in the Turkiye labor market during both the global financial crisis and COVID-19 periods. The … away from the origin. The unemployment and vacancy rates both increase over time, with a leftward (rightward) shift of BC …
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