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Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 … percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in … November 2014. Based on existing analyses and some new evidence, this paper establishes that much of the change in unemployment …
Persistent link: https://www.econbiz.de/10011288771
shocks and selection, I find that the exit hazard rates into and out of unemployment increased after the reform by over 1 … implies a net decrease in unemployment of a third of a percentage point, which accounts for about one quarter of the fall in … unemployment during the period of study …
Persistent link: https://www.econbiz.de/10014191838
shocks and selection, I find that the exit hazard rates into and out of unemployment increased after the reform by over 1 … implies a net decrease in unemployment of a third of a percentage point, which accounts for about one quarter of the fall in … unemployment during the period of study …
Persistent link: https://www.econbiz.de/10014161374
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Persistent link: https://www.econbiz.de/10002110231
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Labor market regulations have often been blamed for high and persistent unemployment in Europe, but evidence on their …
Persistent link: https://www.econbiz.de/10013319621
Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 … percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in … November 2014. Based on existing analyses and some new evidence, this paper establishes that much of the change in unemployment …
Persistent link: https://www.econbiz.de/10012999706