Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/194373
Authors: 
Bonthuis, Boele
Jarvis, Valerie
Vanhala, Juuso
Year of Publication: 
2016
Citation: 
[Journal:] IZA Journal of Labor Policy [ISSN:] 2193-9004 [Volume:] 5 [Year:] 2016 [Issue:] 20 [Pages:] 1-17
Abstract: 
This paper analyses euro area Beveridge curves at the euro area aggregate and country level over the past 25 years. Using an autoregressive distributed lag model, we find a significant outward shift and flattening of the euro area Beveridge curve since the onset of the crisis, but considerable heterogeneity at country level. We test for factors underlying these developments using the local projection method of Jordà (Am Econ Rev 95(1):161-182, 2005). Skill mismatch and high shares of construction workers, as well as high home ownership rates appear strong determinants of the outward shifts in Beveridge curves. Higher female participation rates mitigate these effects.
Subjects: 
Beveridge curve
Crisis
Unemployment
Labour shortages
Vacancies
JEL: 
J62
J63
E24
E32
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by/4.0/
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.