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Author: | Haan, W. J. deen Haefke, C. Ramey, G. |
Title: | Turbulence and unemployment in a job matching model |
Journal: | Journal of the European Economic Association
2005 : DEC, VOL. 3:6, p. 1360-1385 |
Index terms: | unemployment |
Language: | eng |
Abstract: | This article argues that a rise in economic turbulence ia responsible for high European unemployment, leading to greater numbers of unemployed workers with obsolete skills. The authors reasses the turbulence-unemployment relationship using a matching model with endogenous job destruction. |
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