What drives the Unemployment Rate in Poland
This paper studies flows on the labour market in Poland in 1995-2008. We show that the main driving force behind the unemployment rate is the behaviour of outflow to employment. Moreover, the flows that involve the state of inactivity constitute for a large share of total flows. They seem to be an idiosyncratic phenomenon of Polish labour market. In addition the inflow to employment is found to be procyclical, while the separation rate is acyclical.
|Date of creation:||04 Nov 2008|
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