Computerization and Rising Unemployment Duration
With a given unemployment rate, duration of joblessness can vary substantially. The unemployment rate will be the same if four million workers are unemployed for three months on average, as when one million workers loose their jobs for a full year. Yet the consequences for the mental state of the people without jobs, for their behavior, and for the functioning of society are probably far more severe when the average period between jobs is much longer. The authors turn next to their main empirical study, the multivariate regression analysis, to sort out the effects of technological, institutional, and demographic variables on changes in unemployment duration. The analysis is based on aggregate time-series data for the US, covering the period from 1948 to 1997. The duration of unemployment has risen rather dramatically over the last half century. The percentage of unemployed workers out of work 15 or more weeks more than doubled over the same period, while the percentage of the unemployed out of work 27 or more weeks tripled.
Volume (Year): 31 (2005)
Issue (Month): 4 (Fall)
|Contact details of provider:|| Postal: |
Phone: (201) 684-7346
Web page: http://www.ramapo.edu/eea/journal.html
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Martin Feldstein & James M. Poterba, 1984.
"Unemployment Insurance and Reservation Wages,"
NBER Working Papers
1011, National Bureau of Economic Research, Inc.
- Helpman, Elhanan & Trajtenberg, Manuel, 1994.
"A Time to Sow and a Time to Reap: Growth Based on General Purpose Technologies,"
CEPR Discussion Papers
1080, C.E.P.R. Discussion Papers.
- Elhanan Helpman & Manuel Trajtenberg, 1994. "A Time to Sow and a Time to Reap: Growth Based on General Purpose Technologies," NBER Working Papers 4854, National Bureau of Economic Research, Inc.
- Charles E. McLure & Jr, 1977. "The incidence of the financing of unemployment insurance," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 30(4), pages 469-479, July.
- Leora Friedberg, 2003.
"The impact of technological change on older workers: Evidence from data on computer use,"
Industrial and Labor Relations Review,
ILR Review, Cornell University, ILR School, vol. 56(3), pages 511-529, April.
- Leora Friedberg, 2001. "The Impact of Technological Change on Older Workers: Evidence from Data on Computer Use," NBER Working Papers 8297, National Bureau of Economic Research, Inc.
- Kiefer, Nicholas M, 1988. "Economic Duration Data and Hazard Functions," Journal of Economic Literature, American Economic Association, vol. 26(2), pages 646-79, June.
- Bruce D. Meyer, 1988.
"Unemployment Insurance And Unemployment Spells,"
NBER Working Papers
2546, National Bureau of Economic Research, Inc.
- Paul Osterman, 1986. "The impact of computers on the employment of clerks and managers," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 39(2), pages 175-186, January.
- Edward N. Wolff, 1998.
"Technology and the Demand for Skills,"
- Finis Welch, 1977. "What have we learned from empirical studies of unemployment insurance?," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 30(4), pages 451-461, July.
- Richard Layard & Stephen Nickell, 1992.
"Unemployment in the OECD Countries,"
CEP Discussion Papers
dp0081, Centre for Economic Performance, LSE.
- Trajtenberg, M. & Bresnahan, T.F., 1992.
"General Purpose Technologies: "Engines of Growth","
16-92, Tel Aviv.
- Gary S. Becker, 1975. "Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education, Second Edition," NBER Books, National Bureau of Economic Research, Inc, number beck75-1, December.
- Daniel Aaronson & Kenneth Housinger, 1999. "The impact of technology on displacement and reemployment," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q II, pages 14-30.
- Devine, Theresa J. & Kiefer, Nicolas M., 1991. "Empirical Labor Economics: The Search Approach," OUP Catalogue, Oxford University Press, number 9780195059366, March.
- David, P.A., 1989. "Computer And Dynamo: The Modern Productivity Paradox In A Not-Too Distant Mirror," The Warwick Economics Research Paper Series (TWERPS) 339, University of Warwick, Department of Economics.
- David H. Autor & Frank Levy & Richard Murnane, 2000. "Upstairs, Downstairs: Computer-Skill Complementarity and Computer-Labor Substitution on Two Floors of a Large Bank," NBER Working Papers 7890, National Bureau of Economic Research, Inc.
- Moffitt, Robert & Nicholson, Walter, 1982. "The Effect of Unemployment Insurance on Unemployment: The Case of Federal Supplemental Benefits," The Review of Economics and Statistics, MIT Press, vol. 64(1), pages 1-11, February.
- Jacob Mincer & Stephan Danninger, 2000. "Technology, Unemployment, and Inflation," NBER Working Papers 7817, National Bureau of Economic Research, Inc.
- Ehrenberg, Ronald G & Oaxaca, Ronald L, 1976. "Unemployment Insurance, Duration of Unemployment, and Subsequent Wage Gain," American Economic Review, American Economic Association, vol. 66(5), pages 754-66, December.
When requesting a correction, please mention this item's handle: RePEc:eej:eeconj:v:31:y:2005:i:4:p:507-536. See general 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: (Victor Matheson, College of the Holy Cross)
If references are entirely missing, you can add them using this form.