The effects of productivity and benefits on unemployment: Breaking the link
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DOI: 10.1016/j.econmod.2020.02.037
Abstract: In the standard macroeconomic search and matching model of the labor market, there is a tight link between the quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This… read more here.
Keywords: effects productivity; unemployment breaking; unemployment; benefits unemployment ... See more keywords