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The Beveridge Curve: A Survey

机译:贝弗里奇曲线:调查

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Important progress has been made in economists' understanding of the Beveridge curve, from its measurement to its expression in canonical labor market models. Yet enduring puzzles remain. Chief among these are the empirical role of vacancies in the recruitment process; the amplitude, comovement, and persistence of cyclical unemployment-vacancy dynamics; and the sources of lateral shifts in the Beveridge curve. The synthesis of these themes identifies several priorities for ongoing research, including the role of entry costs into vacancy creation in shaping Beveridge dynamics; the cyclicality of search intensity, both off and on the job, and its relation to participation and job-to-job transitions; the theory and measurement of mismatch; and the sources of hysteresis in unemployment flows.
机译:从贝弗里奇曲线的测量到其在规范的劳动力市场模型中的表达,经济学家对贝弗里奇曲线的理解已取得重要进展。然而,持久的难题仍然存在。其中最主要的是空缺在招聘过程中的经验作用;周期性失业-空缺动态的幅度,联动和持续性;以及Beveridge曲线中的横向位移的来源。这些主题的综合确定了正在进行的研究的几个优先事项,包括进入成本对空缺创造的影响在塑造贝弗里奇动力学方面的作用;上班和下班期间搜索强度的周期性及其与参与度和工作向工作过渡的关系;不匹配的理论和度量;以及失业流动的滞后原因。

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