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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. ISSN 0013-0133.
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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 | ||||
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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: |
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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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