The causes and consequences of longterm unemployment in Europe
In: Handbook of Labor Economics
AbstractOne of the most striking features of European labor markets is the high incidence of longterm unemployment. In this chapter, we review the literature on its causes and consequences. Our main conclusions are that: the rise in the incidence of longterm unemployment has been "caused" by a collapse of outflow rates at all durations of unemployment; while the longterm unemployed do leave unemployment at a slower rate than the shortterm unemployed, this has always been the case and their relative outflow rate has not fallen over time; there is no evidence that, for a given level of unemployment, the incidence of longterm unemployment has been ratcheting up over time; once one controls for heterogeneity of the unemployed, there is little evidence of outflow rates that decline over a spell of unemployment. While these findings suggest that longterm unemployment is not a problem independent of unemployment itself, one should recognize that the experience of longterm unemployment is a horrid one for those unfortunate enough to experience it.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
This chapter was published in:
This item is provided by Elsevier in its series Handbook of Labor Economics with number 3-47.
Contact details of provider:
Web page: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description
Other versions of this item:
- Stephen Machin & Alan Manning, 1998. "The Causes and Consequences of Long-Term Unemployment in Europe," CEP Discussion Papers dp0400, Centre for Economic Performance, LSE.
- J0 - Labor and Demographic Economics - - General
You can help add them by filling out this form.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Long-term unemployment: There is no easy fix
by Blog Admin in British Politics and Policy at LSE on 2013-10-22 07:00:35
- PolÃticas activas de empleo: quÃ© funciona y quÃ© se consigue
by Samuel Bentolila in Nada Es Gratis on 2013-11-12 06:55:33
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If references are entirely missing, you can add them using this form.