Please use this identifier to cite or link to this item:
Hairault, Jean-Olivier
Le Barbanchon, Thomas
Sopraseuth, Thepthida
Year of Publication: 
Series/Report no.: 
IZA Discussion Papers No. 6906
Institute for the Study of Labor (IZA), Bonn
In this paper, we aim to shed light on the relative contribution of the separation and job finding rates to French unemployment at business cycle frequencies by using administrative data on registered unemployment and labor force surveys. We first investigate the fluctuations in steady state unemployment, and then in current unemployment in order to take into account the unemployment deviations from equilibrium. Our results show the dominant role of the job finding rate in accounting for French unemployment fluctuations. The contribution of the job finding rate amounts to about two-thirds of the unemployment dynamics. With the two data sets, we find that both rates contributed to unemployment fluctuations during the nineties, while the job finding rate has been more significant in the last decade. In particular, the last business cycle episodes, including the last recession, exacerbate the role of the job finding rate.
unemployment variability
job separation
job finding
worker flows
Document Type: 
Working Paper

Files in This Item:
376.09 kB

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