Abstract
Burda and Wyplosz (1990) and Blanchard and Diamond (1991) have recently established that gross flows between unemployment and employment are counter-cyclical. This paper shows that this may be explained by dual labor markets.
Original language | English (US) |
---|---|
Pages (from-to) | 339-343 |
Number of pages | 5 |
Journal | Economics Letters |
Volume | 39 |
Issue number | 3 |
DOIs | |
State | Published - Jul 1992 |
ASJC Scopus subject areas
- Finance
- Economics and Econometrics