Define unemployment spell and duration. What are the two seemingly contradictory facts about unemployment spells? Why are

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Define unemployment spell and duration. What are the two seemingly contradictory facts about unemployment spells? Why are the two facts not actually contradictory?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Apr 01, 2016 03:45 AM

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Define unemployment spell and duration. What are the two seemingly contradictory facts about unemployment spells? Why are

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An unemployment spell is a period of time that a person is continuously unemployed Duration is the l...View the full answer

Macroeconomics

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