Stewart, Jay Charles (contributor) - 2002 - [Elektronische Ressource]
-to-unemployment (EU) transitions (including job
changes that were accompanied by 3+ weeks of unemployment), and employment … previous year.
-8-
labor-force (EN) transitions.
14
The EU transition rate is counter-cyclical (see Figures 1-3),
which … indicates that EU transitions are largely involuntary. Furthermore, Stewart (2000) has
shown that nearly all of the variation …