Dixon, Robert; Lim, Guay C.; Ours, Jan C van - C.E.P.R. Discussion Papers - 2014
This paper presents an analysis of labour market dynamics, in particular of flows in the labour market and how they … interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment …