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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.
SCIMA record nr: 262761
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