Unemployment Fluctuations Over the Life Cycle
In this paper, we show that (i) the volatility of worker flows increases with age in US CPS data, and (ii) a search and matching model with life-cycle features, endogenous separation and search effort, is well suited to explain this fact. With a shorter horizon on the labor market, older workers...
|Online Access:||available in Bonn?|
|Database:||Hyper Article en Ligne (HAL)
Hyper Article en Ligne (HAL) (Open Access)
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