Unemployment Fluctuations, Match Quality, and the Wage Cyclicality of New Hires
NBER Working Paper No. 22341
---- Acknowledgments ----
We thank Pierre Cahuc, Jordi Galí, Giuseppe Moscarini, and Rüdiger Bachman, as well as participants at various seminars, for many helpful comments. Financial support from EIEF is gratefully acknowledged. Financial support from EIEF and Baffi Carefin Centre is gratefully acknowledged. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.