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Incidence and Transition Rates of Unemployment in Kansas Labor Markets, 1899

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  • Young-Chul Kim

    (Keimyung University)

Abstract

Unemployment at the end of century was widespread, and it was not distributed according to a random draw, as the theory of spot-labor markets predicts it to have been. Workers belonging to different occupational groups showed considerably dis-tinctive unemployment patterns in terms of incidence and transition rates. Unem-ployment was pervasive among building workers and female workers while it was less widespread among railway workers and male miscellaneous workers. The tran-sition rate of exiting unemployment as more important than that of entering unem-ployment in explaining difference in unemployment experiences across occupational groups during the era.

Suggested Citation

  • Young-Chul Kim, 1996. "Incidence and Transition Rates of Unemployment in Kansas Labor Markets, 1899," Korean Economic Review, Korean Economic Association, vol. 12(1), pages 167-184.
    • Handle: RePEc:kea:keappr:ker-199606-12-1-09
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