Has the 2008-2009 recession increased the structural share of unemployment in the euro area?
Abstract
The so-called Beveridge curve illustrates the relation between the unemployment rate and the job vacancy rate. Regarding the euro area, the rise in the unemployment rate and the increase in recruitment difficulties since the 2008-2009 recession indicate a risk of a higher level of structural unemployment. At the national level, this risk is primarily located in Spain, but there are also negative signals appearing in France.Download Info
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Article provided by Banque de France in its journal Quarterly selection of articles - bulletin de la Banque de France.
Volume (Year): (2012)
Issue (Month): 25 (Sring)
Pages: 63-80
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Postal: Banque de France 31 Rue Croix des Petits Champs LABOLOG - 49-1404 75049 PARIS
Web page: http://www.banque-france.fr/
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Related research
Keywords: structural unemployment; Beveridge curve; matching efficiency.;Find related papers by JEL classification:
- E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
- J60 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - General
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