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-state unemployment rate. We draw on policy changes in Austria that extended maximum benefit duration from 30 to 52 weeks for individuals … impact of benefit duration on labor market flows and find that (i) the policy changes lead to an increase in the steady …-state unemployment rate between 20% and 50%; (ii) surprisingly, most of the increase is due to an increase in the inflow into …
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The European labor market allows for the border-free mobility of workers across 31 countries that cover most of the … continent's population. However, rates of migration across European countries remain considerably lower than interstate … migration in the United States, and spatial variation in terms of unemployment or income levels is larger. We document patterns …
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