Explain the model of labor flows (bathtub model). Define the job separation and the job finding rates. How are these rel
Posted: Thu May 19, 2022 10:21 am
Explain the model of labor flows (bathtub model). Define the job
separation and the job finding rates. How are these related to job
creation and job destruction? How is the
natural rate of unemployment determined in the model? How does a
rise in the job finding rate affect unemployment? An increase in
the job separation rate?
separation and the job finding rates. How are these related to job
creation and job destruction? How is the
natural rate of unemployment determined in the model? How does a
rise in the job finding rate affect unemployment? An increase in
the job separation rate?