role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …

role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …

increased flow into unemployment in a recession is mainly due to reduced hirings, and hence lower job-to-job transitions, rather …

Blanchard and Wolfers (2000) to analyse the role of the interaction of macroeconomic shocks and labour market institutions for … of the unemployment rate and of worker transitions. …

Blanchard and Wolfers (2000) to analyse the role of the interaction of macroeconomic shocks and labour market institutions for … of the unemployment rate and of worker transitions. …

hire much more workers from unemployment than large firms, and that they do so at the very beginning of an economic …. Transitions from unemployment to employment at large firms are generally found to be more (pro-)cyclical. However, this stylised …

unemployment at large firms are generally found to be more cyclical. However, this stylised fact disappears when the composition of …