IDEAS home Printed from https://ideas.repec.org/a/bfr/quarte/20143605.html
   My bibliography  Save this article

The euro area Beveridge curve in the post-crisis period: increase in structural unemployment since 2010

Author

Listed:
  • A. Maravalle.
  • M.-E. de la Serve.
  • G. Verdugo.

Abstract

Since 2010, the Beveridge curve in the euro area, and in France in particular, has pointed to simultaneous increases in both unemployment and job vacancies, indicating that structural unemployment is on the rise.

Suggested Citation

  • A. Maravalle. & M.-E. de la Serve. & G. Verdugo., 2014. "The euro area Beveridge curve in the post-crisis period: increase in structural unemployment since 2010," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 36, pages 95-109, winter.
    • Handle: RePEc:bfr:quarte:2014:36:05
    as

    Download full text from publisher

    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/quarterly-selection-of-articles_36_2014-2015-winter.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Edward P. Lazear & James R. Spletzer, 2012. "The United States labor market: status quo or a new normal?," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 405-451.
    2. Haincourt, S. & Mogliani, M., 2012. "La récession de 2008-2009 a-t-elle accru la part structurelle du chômage en zone euro ?," Bulletin de la Banque de France, Banque de France, issue 187, pages 45-56.
    3. Valérie Chouard & Grégory Verdugo & Gilbert Cette, 2011. "Les effets des hausses du Smic sur le salaire moyen," Économie et Statistique, Programme National Persée, vol. 448(1), pages 3-28.
    4. Vanhala, Juuso & Bonthuis, Boele & Jarvis, Valerie, 2013. "What’s going on behind the euro area Beveridge curve(s)?," Working Paper Series 1586, European Central Bank.
    5. Ulf Rinne & Klaus Zimmermann, 2012. "Another economic miracle? The German labor market and the Great Recession," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 1(1), pages 1-21, December.
    6. Willem Van Zandweghe, 2012. "Interpreting the recent decline in labor force participation," Economic Review, Federal Reserve Bank of Kansas City, vol. 97(Q I), pages 5-34.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:bfr:quarte:2014:39:02 is not listed on IDEAS

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ulf Rinne & Klaus F Zimmermann, 2013. "Is Germany the North Star of Labor Market Policy?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 61(4), pages 702-729, December.
    2. Sergio Destefanis & Matteo Fragetta & Giuseppe Mastromatteo & Nazzareno Ruggiero, 2020. "The Beveridge curve in the OECD before and after the great recession," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 10(3), pages 411-436, September.
    3. Alfonso Arpaia & Aron Kiss & Alessandro Turrini, 2014. "Is unemployment structural or cyclical? Main features of job matching in the EU after the crisis," European Economy - Economic Papers 2008 - 2015 527, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    4. Richard B. Freeman, 2013. "Failing the Test? The Flexible U.S. Job Market in the Great Recession," The ANNALS of the American Academy of Political and Social Science, , vol. 650(1), pages 78-97, November.
    5. Hugo Erken & Eric van Loon & Wouter Verbeek, 2015. "Mismatch on the Dutch labour market in the Great Recession," CPB Discussion Paper 303.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    6. Olivier Blanchard & Florence Jaumotte & Prakash Loungani, 2014. "Labor market policies and IMF advice in advanced economies during the Great Recession," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-23, December.
    7. Hugo Erken & Eric van Loon & Wouter Verbeek, 2015. "Mismatch on the Dutch labour market in the Great Recession," CPB Discussion Paper 303, CPB Netherlands Bureau for Economic Policy Analysis.
    8. Michael Christl, 2020. "A Beveridge curve decomposition for Austria: did the liberalisation of the Austrian labour market shift the Beveridge curve?," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 54(1), pages 1-15, December.
    9. Christl, Michael, 2019. "A beveridge curve decomposition for Austria: What drives the unemployment rate?," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203551, Verein für Socialpolitik / German Economic Association.
    10. Regis Barnichon & Andrew Figura, 2015. "Labor Market Heterogeneity and the Aggregate Matching Function," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(4), pages 222-249, October.
    11. Rapp, Marc Steffen & Wolff, Michael & Hennig, Jan C. & Udoieva, Iuliia, 2019. "Mitbestimmung im Aufsichtsrat und ihre Wirkung auf die Unterenhmensführung: Eine empirische Analyse vor dem Hintergrund der Finanz- und Wirtschaftskrise," Study / edition der Hans-Böckler-Stiftung, Hans-Böckler-Stiftung, Düsseldorf, volume 127, number 424, March.
    12. Pascal Michaillat & Emmanuel Saez, 2015. "Aggregate Demand, Idle Time, and Unemployment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 130(2), pages 507-569.
    13. Magnus Reif, 2020. "Macroeconomics, Nonlinearities, and the Business Cycle," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 87.
    14. Werner Eichhorst, 2015. "The Unexpected Appearance of a New German Model," British Journal of Industrial Relations, London School of Economics, vol. 53(1), pages 49-69, March.
    15. Nucci, Francesco & Riggi, Marianna, 2018. "Labor force participation, wage rigidities, and inflation," Journal of Macroeconomics, Elsevier, vol. 55(C), pages 274-292.
    16. Moehring, Katja & Weiland, Andreas & Reifenscheid, Maximiliane & Naumann, Elias & Wenz, Alexander & Rettig, Tobias & Krieger, Ulrich & Fikel, Marina & Cornesse, Carina & Blom, Annelies G., 2021. "Inequality in employment trajectories and their socio-economic consequences during the early phase of the COVID-19 pandemic in Germany," SocArXiv m95df, Center for Open Science.
    17. Giuseppe Bertola, 2014. "Labor market policies and European crises," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-11, December.
    18. Sara Rica & Yolanda F. Rebollo-Sanz, 2017. "Gender Differentials in Unemployment Ins and Outs during the Great Recession in Spain," De Economist, Springer, vol. 165(1), pages 67-99, March.
    19. Mary A. Burke & Alicia Sasser Modestino & Shahriar Sadighi & Rachel B. Sederberg & Bledi Taska, 2019. "No Longer Qualified? Changes in the Supply and Demand for Skills within Occupations," Working Papers 20-3, Federal Reserve Bank of Boston.

    More about this item

    Keywords

    Beveridge curve; job vacancies; structural unemployment;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bfr:quarte:2014:36:05. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael brassart (email available below). General contact details of provider: https://edirc.repec.org/data/bdfgvfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.