In the Netherlands, students who want to become a medical specialist have toenrol in a training program which is in limited supply. During the search for aposition as trainee (or "junior medical specialist"), they may accept atemporary job as a medical assistant. We use a micro data set to...

This paper examines the relation between individual unemployment durations and incidence on the one hand, and the time-varying macroeconomic conditions in the economy on the other. We allow for contemporaneous calendar time effects acting on the exit probabilities for all currently unemployed....