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THE DETERMINANTS OF INDIVIDUAL UNEMPLOYMENT DURATIONS IN AN ERA OF HIGH UNEMPLOYMENT

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UNSPECIFIED (1995) THE DETERMINANTS OF INDIVIDUAL UNEMPLOYMENT DURATIONS IN AN ERA OF HIGH UNEMPLOYMENT. ECONOMIC JOURNAL, 105 (429). pp. 321-332.

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Abstract

This paper presents the results of an econometric analysis of the conditional probability of leaving unemployment for two male inflow cohorts entering unemployment at very different points in time: 1978 and 1987. The effect of income while unemployed is found to be much weaker for the 1987 cohort, an elasticity of -0.1 compared with -0.4, and is only found to be significant for teenagers and in the first three months of a spell. Demand constraints, measured by the local unemployment rate, are found to have a stronger negative effect on the exit probability for the 1987 cohort than in 1978.

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
Journal or Publication Title: ECONOMIC JOURNAL
Publisher: BLACKWELL PUBL LTD
ISSN: 0013-0133
Official Date: March 1995
Dates:
DateEvent
March 1995UNSPECIFIED
Volume: 105
Number: 429
Number of Pages: 12
Page Range: pp. 321-332
Publication Status: Published

Data sourced from Thomson Reuters' Web of Knowledge

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