Ins and outs of the long-run unemployment dynamics
Ins and outs of the long-run unemployment dynamics
复制标题
长期失业动态的来龙去脉
DOI:
10.1080/13504851.2012.725926
复制
发表时间:
2013
影响因子:
1.6
通讯作者:
Hiroaki Miyamoto
中科院分区:
文献类型:
--
作者:
Arai;Real and Ueda;Junji;Hiroaki Miyamoto
This article studies the contribution of inflow and outflow rates to the unemployment dynamics in the long-run. I find that both inflow and outflow rates contribute significantly to variation in the long-run trend in the unemployment rate in both the United States and Japan. In the United States, the inflow and outflow rates account for roughly similar proportions of overall unemployment variability in the long run. On the other hand, in Japan, the inflow rate accounts for much of unemployment variation in the long run, and the contribution of the inflow rate to overall unemployment fluctuation is around 62%.