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Title: The British Beveridge Curve: A Tale of Ten Regions

Author(s): Howard Wall and Gylfi Zoega

Publication Date: December 1997

Keyword(s): Beveridge curve, Unemployment and Vacancies

Programme Area(s): Human Resources

Abstract: This paper uses county-level data to estimate the timing and magnitude of shifts in aggregate and regional British Beveridge curves. We find that these shifts coincide with the business cycle rather than with hysteresis effects or with changes in regional mismatch. This implies that the Beveridge curve is a flawed device for separating the effects of structural changes from those of the business cycle.

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Bibliographic Reference

Wall, H and Zoega, G. 1997. 'The British Beveridge Curve: A Tale of Ten Regions'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1771