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

King Fuei Lee

MPRA Paper from University Library of Munich, Germany

Abstract: The Covid-19 pandemic has significantly impacted the way people think of work and the economic relationship between vacancies and unemployment. This paper analyses the Beveridge curve changes of Singapore 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: 2023-01-13
New Economics Papers: this item is included in nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:117841

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