The British Beveridge Curve: A Tale of Ten Regions

Howard Wall and Gylfi Zoega

No 1771, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper uses county-level data to estimate the timing and magnitude of shifts in aggregate and regional British Beveridge curves. We find that these shifts coincide with the business cycle rather than with hysteresis effects or with changes in regional mismatch. This implies that the Beveridge curve is a flawed device for separating the effects of structural changes from those of the business cycle.

Keywords: Beveridge curve; Unemployment; Vacancies (search for similar items in EconPapers)
JEL-codes: J63 (search for similar items in EconPapers)
Date: 1997-12
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Citations: View citations in EconPapers (5)

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Related works:
Journal Article: The British Beveridge curve: A tale of ten regions (2002)
Working Paper: The British Beveridge curve: a tale of ten regions (2001)
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