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Re-employment Probabilities for Unemployed Workers in Ireland

Author

Listed:
  • Conefrey, Thomas

    (Central Bank of Ireland)

  • McCarthy, Yvonne

    (Central Bank of Ireland)

  • Sherman, Martina

    (Central Bank of Ireland)

Abstract

Using data from the Quarterly National Household Survey, we analyse the determinants of re-employment prob- abilities among Irish workers from 2000-2012. We nd that an individual's probability of exiting unemployment diminishes with the length of stay in unemployment and age. The likelihood of exiting unemployment is lower for unemployed workers with the lowest levels of educational attainment while economic activity also impacts transitions out of unemployment. The results may be informative to policy makers tasked with designing appropriate labour market activation measures to reduce unemployment.

Suggested Citation

  • Conefrey, Thomas & McCarthy, Yvonne & Sherman, Martina, 2013. "Re-employment Probabilities for Unemployed Workers in Ireland," Economic Letters 06/EL/13, Central Bank of Ireland.
    • Handle: RePEc:cbi:ecolet:06/el/13
    as

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    File URL: https://centralbank.ie/docs/default-source/publications/economic-letters/economic-letter---vol-2013-no-6.pdf?sfvrsn=10
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    References listed on IDEAS

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    Cited by:

    1. McCarthy, Yvonne, 2014. "Dis-entangling the mortgage arrears crisis: The rolw of the labour market, income volatility and housing equity," Research Technical Papers 02/RT/14, Central Bank of Ireland.

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