Financial crisis caused significant shift in the euro area Beveridge curve
A recent European Central Bank working paper finds a significant shift in the euro area Beveridge curve since the onset of the crisis, but considerable heterogeneity at the country level.
What's Going on Behind the Euro Area Beveridge Curve(s)?, by Boele Bonthuis, Valerie Jarvis and Juuso Vanhala, looks at the extent to which the rise in unemployment, and particularly long-term unemployment, reflects the growing mismatch across euro area labour markets – one of the biggest questions facing euro
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