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- W1544335929 abstract "The purpose of this paper is to establish some stylized facts on gross labor market flows - using mostly new data from France, Germany, the United Kingdom and the United States - which any theory of unemployment ought to explain. The regularities on gross labor market flows that we isolate are inconsistent with a large class of theories of labor markets and business cycles. Key results are: flows into and out of unemployment are countercyclical; these flows move tightly together, over both the cycle and the long run; the bulk of exits from unemployment actually represent job findings rather than exits from the labor force; employment inflows and outflows are procyclical." @default.
- W1544335929 created "2016-06-24" @default.
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- W1544335929 date "1990-08-01" @default.
- W1544335929 modified "2023-09-27" @default.
- W1544335929 title "GROSS LABOR MARKET FLOWS IN EUROPE: SOME STYLIZED FACTS" @default.
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