This report looks at the impact of the business cycle on participation in adult learning in the EU-27 using aggregate quarterly country level data for the period 2005Q1 – 2019Q4. Data come from the EU Labour Force Survey. Although downturns may give individuals more incentives and more time to u...
This paper documents state dependence in labour market fluctuations. Using a Threshold Vector Autoregression model (TVAR), we establish that the unemployment rate, the job separation rate, and the job finding rate exhibit a larger response to productivity shocks during periods with low aggregate...