Journal of Business Cycle Measurement and Analysis, Volume 3, No. 2, 2007

How Tight is the Labour Market?: Sources of Changes in the Aggregate Exit Rate from Unemployment across the Business Cycle

DOI:https://dx.doi.org/10.1787/jbcma-v2007-art9-en

We decompose variations in the aggregate exit rate from unemployment to employment into two factors: i) Changes in the arrival rate of acceptable job offers; and ii) changes in the composition of the unemployment pool in terms of average ...



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