全球智库信息集成服务系统(G2TT): DP10002 The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP10002
	DP10002 The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates
	Jan C. van Ours; Guay Lim; Robert Dixon
发表日期	2014-06-01
出版年	2014
语种	英语
摘要	This paper presents an analysis of labour market dynamics, in particular of flows in the labour market and how they interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment - we consider a third state - out of the labour force. Second, we study net rather than gross flows, where net refers to the balance of flows between any two labour market states. Distinguishing a third state is important because the labour market flows to and from that state are quantitatively important. Focussing on net flows simplifies the complexity of interactions between the flows and allows us to perform a dynamic analysis in a structural vector-autoregression framework. We find that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in opposite directions while a shock to the net flow from not in the labour force to unemployment drives the rates in the same direction.
主题	Labour Economics
关键词	Net labour market flows Participation rate Unemployment rate
URL	https://cepr.org/publications/dp10002
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/538831
推荐引用方式 GB/T 7714	Jan C. van Ours,Guay Lim,Robert Dixon. DP10002 The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates. 2014.