Krause, Michael (contributor); Lubik, Thomas A. (contributor) - 2004 - [Elektronische Ressource]
’) jobs. Good job vacancies can be
matched with employed and unemployed job seekers, whereas firms in the bad job sector
only … predictstheobservedvolatility of thevacancy-unemploy-
ment ratio. At the same time, the ratio of vacancies to unemployed and employed job
seekers is … search of employed
job seekers, that is, e
t
= s
t
n
b
t
givesthetotalamountofsearchactivitybythen
b
t
workers
searching with …