Is Singapore’s Beveridge Curve Suffering From Long Covid Shifts?

King Fuei Lee ()
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King Fuei Lee: Schroder Investment Management

Asian Economics Letters, 2024, vol. 4, issue 4, 1-6

Abstract: The Covid-19 pandemic has significantly impacted the way people perceive work and the economic relationship between vacancies and unemployment. This study analyses Singapore’s Beveridge curve changes since the pandemic’s onset. We find evidence of an outward shift in the curve and a steepening of the curve’s slope. The shift is mainly driven by lower matching efficiency and higher activity, and partially due to higher labour reallocation.

Keywords: Beveridge curve; Singapore; Covid-19 pandemic; Vacancy rate; Unemployment rate (search for similar items in EconPapers)
JEL-codes: E24 J60 (search for similar items in EconPapers)
Date: 2024
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