Fig. 2
From: A cross-country study of skills and unemployment flows
Country-level relation between the displayed variables and the maximum-likelihood estimates of the ratio of the exit rate from unemployment to the entry rate into unemployment, \(\lambda ^c/\delta ^c\). Ordinary least-squares lines depicted. Lines and statistics in gray (black) are for Indonesia, Ecuador, Peru, Mexico, Kazakhstan, Chile and Turkey (all other countries). Sample restricted to survey participants ages 25–54. Sampling weights employed in all calculations. Author’s calculations based on the Survey of Adult Skills (PIAAC) and the Penn World Table 9.1 (Feenstra et al. 2015)