Template-type: ReDIF-Paper 1.0
Author-Name: Hiroaki Miyamoto
Author-Name-First: Hiroaki
Author-Name-Last: Miyamoto
Author-Email: hmiyamot@iuj.ac.jp
Author-Workplace-Name: International University of University
Author-Workplace-Homepage: http://www.iuj.ac.jp/
Title: Ins and Outs of the Long-Run Unemployment Dynamics
Abstract: This paper studies the contribution of inflow and outflow rates to the unemployment dynamics in the long-run. I find that in the U.S., both inflow and outflow rates contribute significantly to variation in the long-run trend of the unemployment rate. Inflow and outflow rates account for roughly similar proportions of overall unemployment variability in the long-run.
Classification-JEL: E24, J64
Length: 10 pages
Creation-Date: 2011-02
Number: EMS_2011_07
File-URL: https://www.iuj.ac.jp/workingpapers/index.cfm?File=EMS_2011_07.pdf
File-Format: Application/pdf
File-Function: First version, 2011
File-Size: 274KB
Keywords: Unemployment dynamics, Job finding rate, Separation rate, Long-run unemployment
Handle: RePEc:iuj:wpaper:EMS_2011_07