Abstract:
The instability of the Beveridge curve in Britain since the mid-50s has been interpreted as revealing a deterioration of labour market effectiveness in matching vacancies to unemployed job-seekers. This paper attemps to repeat the stability analysis of the matching technology, having relaxed some of the restrictions generally imposed in deriving a Beveridge curve.
More papers in Working Papers from Centre for Economic Performance & Institute of Economics Address: United Kingdom; Centre for Economic Performance & Institute of Economics and Statistics, Oxford University. Manor Road. Oxford OX1 3Ul Contact information at EDIRC. Series data maintained by Thomas Krichel ().
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