The Flow into Unemployment in Britain
AbstractThis paper examines a largely neglected aspect of unemployment dynamics, namely the flow into unemployment. A model is set up relating this to the demand for labor and the quit rate. The empirical results lend considerable support to the model: a fall in planned employment growth or a fall in the quit rate both raise the inflow rate. The implications of the results for unemployment-vacancy analysis are discussed, and the distinction made between symmetric and asymmetric shocks to the matching function. Copyright 1992 by Royal Economic Society.
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Bibliographic InfoArticle provided by Royal Economic Society in its journal The Economic Journal.
Volume (Year): 102 (1992)
Issue (Month): 413 (July)
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- Kalwij, Adriaan, 2001. "Individuals' Unemployment Experiences: Heterogeneity and Business Cycle Effects," IZA Discussion Papers 370, Institute for the Study of Labor (IZA).
- Simon Burgess & Helene Turon, 2000. "Unemployment dynamics, duration and equilibrium: evidence from Britain," LSE Research Online Documents on Economics 20162, London School of Economics and Political Science, LSE Library.
- Bruce C. Fallick & Charles A. Fleischman, 2001. "The importance of employer-to-employer flows in the U.S. labor market," Finance and Economics Discussion Series 2001-18, Board of Governors of the Federal Reserve System (U.S.).
- Bruce Fallick & Charles A. Fleischman, 2004. "Employer-to-employer flows in the U.S. labor market: the complete picture of gross worker flows," Finance and Economics Discussion Series 2004-34, Board of Governors of the Federal Reserve System (U.S.).
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