Unemployment Experiences of Young Men: on the Road to Stable Employment?
AbstractThis study examines the unemployment experiences of young men in the United Kingdom over the period 1982.IV-1998.I. The empirical results show that repeated unemployment is a dominant feature of the UK labour market and that individual heterogeneity affects mainly the incidence of unemployment and only to a much lesser extent the duration of unemployment. We estimate that about 73% of the young unemployed find stable employment before the age of 35. The remaining 27%, concentrated among the lower-skilled, keep returning into unemployment, suggesting structural employment instability. These findings imply that a labour market programme targeted at increasing the employability of the young unemployed would yield long-term benefits by not only getting them out of unemployment but also keeping them out of unemployment. Copyright 2004 Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.
Volume (Year): 66 (2004)
Issue (Month): 2 (05)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0305-9049
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- Achim Schmillen & Joachim Möller, 2009.
"Determinants of Lifetime Unemployment - A Micro Data Analysis with Censored Quantile Regressions,"
275, Institut für Ost- und Südosteuropaforschung (Institute for East and South-East European Studies).
- Schmillen, Achim & Möller, Joachim, 2010. "Determinants of lifetime unemployment : a micro data analysis with censored quantile regressions," IAB Discussion Paper 201003, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
- Achim Schmillen & Joachim Möller, 2010. "Determinants of Lifetime Unemployment. A Micro Data Analysis with Censored Quantile Regressions," Working Papers 090, Bavarian Graduate Program in Economics (BGPE).
- Schmillen, Achim & Möller, Joachim, 2010. "Determinants of Lifetime Unemployment: A Micro Data Analysis with Censored Quantile Regressions," IZA Discussion Papers 4751, Institute for the Study of Labor (IZA).
- Ralf Wilke, . "Unemployment Duration in the United Kingdom: An Incomplete Data Approach," Discussion Papers 09/02, University of Nottingham, School of Economics.
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