A Hard or Soft Landing? The Answer May Lie in the Beveridge Curve

Serdar Birinci and Trần Khánh Ngân

On the Economy from Federal Reserve Bank of St. Louis

Abstract: The traditional Beveridge curve suggests that a sharp rise in unemployment is needed to meaningfully lower the job vacancy rate. But the curve shaped by the pandemic labor market may signal a different result.

Keywords: Beveridge curve; unemployment; job vacancy rate; COVID-19 (search for similar items in EconPapers)
Date: 2023-07-13
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