Zuchuat, Jeremy; Lalive, Rafael; Osikominu, Aderonke; … - 2023
The job finding rate declines with the duration of unemployment. While this is a well established fact, the reasons are …" duration dependence, while the remaining 45 percent is due to dynamic selection of the unemployment pool. We also discuss … further drivers of the observed duration patterns, such as human capital depreciation, stock-flow matching, depletion of one …