Butkus, Mindaugas; Matuzeviciute, Kristina; Rupliene, Dovile - In: Economies : open access journal 8 (2020) 4/98, pp. 1-29
output change on the unemployment rate, supporting higher effects of recessions than that of expansions, we aim to enrich … this analysis by estimating how the impact of positive/negative output change on the specific unemployment rate varies with … periods of negative output change. Additionally, we find that educational attainment level is an important factor explaining …