With a view, however, to mitigating the risks stemming from the low interest rate environment and the resulting search for yield, insurance undertakings have adjusted their investment strategies and modified their traditional life products by offering reduced interest rate guarantees and by focusing on promoting mostly unit-linked products.
5 Matching efficiency represents factors that can increase (or decrease) job findings without changes in labor  If the labor force is allowed to vary, then the expression is similar but somewhat more complicated. For more on decomposing unemployment rate movements, see Shimer (2012); Elsby, Michaels and Solon (2009); Fujita and Ramey (2009); and Ahn and Crane (2020).