Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/92441
Authors: 
Franz, Wolfgang
Smolny, Werner
Year of Publication: 
1993
Series/Report no.: 
Discussion Paper, Center for International Labor Economics (CILE), University of Konstanz 4
Abstract: 
This paper is devoted t.o an interpretation of both vacancy data and the Beveridgecurve. Officially reported vacancy data are critically reviewed. The theoretical foundation and empirical application of the Beveridge-curve is examined. We find that the Beveridge-curve is everything but a straightforward tool to analyze structural unemployment. More insights especially in the dynamics of the Beveridge-curve are obtained by integrating this relationship into a macroeconomic disequilibrium framework.
Subjects: 
Disequilibrium model
Beveridge-curve
dynamic labour demand
Document Type: 
Working Paper

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