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Outward shifts in the Beveridge curve are explained by crises and changes in the composition of the unemployed
13/01/2025 -Outward shifts in the Beveridge curve are explained by crises and changes in the composition of the unemployed It is natural for labour market matching to deteriorate in conjunction with a deep crisis but the failure of matching efficiency to...
Estimated matching function – job-finding rate varies with the economic situation
13/01/2025 -Estimated matching function – job-finding rate varies with the economic situation Another way to measure matching efficiency is to estimate a relationship between the aggregate job-finding rate and the labour market conditions.[10] The estimated...
Other indicators give a mixed picture of matching efficiency
13/01/2025 -Other indicators give a mixed picture of matching efficiency...
High unemployment suggests poor matching efficiency
13/01/2025 -High unemployment suggests poor matching efficiency Although both the Beveridge curve and the matching function indicate that matching efficiency has improved somewhat in recent years, unemployment among foreign-born persons remains high (see...
Conclusions
13/01/2025 -Conclusions The Beveridge curve shows that matching efficiency between unemployed persons and job vacancies in the Swedish labour market deteriorated both after the financial crisis in 2009 and in connection with the 2020 pandemic. It is common...
What does an increased share of products with low import content mean for inflation?
01/07/2024 -What does an increased share of products with low import content mean for inflation?...
Summary
01/07/2024 -Summary In this commentary, I have created two price indices from the National Accounts and CPI statistics: One for product categories with a low import content and one for high import content. In recent decades, the share of products with a low...
Discussion
01/07/2024 -Discussion In this commentary, I compare two indices that I have constructed based on the relative import content of the components in the CPIF. One for product categories with a low import content and one for categories with a high import...
References
01/07/2024 -References Baumol W.J., Bowen W.G. “On the Performing Arts: The Anatomy of Their Economic Problems”, The American Economic Review, Vol. 55, No 1/2 (March 1965) Benoit Cœuré “The rise of services and the transmission of monetary policy”, ECB,...
A surprising pattern is hidden behind the trend in long-term interest rates
23/04/2024 -A surprising pattern is hidden behind the trend in long-term interest rates...