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The Persistence of Unemployment in a Dynamic Insider-Outsider Model

In: Advances in the Theory and Measurement of Unemployment

Author

Listed:
  • Allan Drazen
  • Nils Gottfries

Abstract

Since the beginning of the 1970s, many countries in Western Europe have experienced persistent high unemployment. For the European Community as a whole the unemployment rate today is approximately four times its 1970 level. This increase in unemployment reflects a significant increase in the duration of unemployment spells and reduced turnover among the unemployed.

Suggested Citation

  • Allan Drazen & Nils Gottfries, 1990. "The Persistence of Unemployment in a Dynamic Insider-Outsider Model," Palgrave Macmillan Books, in: Yoram Weiss & Gideon Fishelson (ed.), Advances in the Theory and Measurement of Unemployment, chapter 12, pages 323-335, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-10688-2_12
    DOI: 10.1007/978-1-349-10688-2_12
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    Cited by:

    1. Marco Guerrazzi, 2020. "Wage and employment determination in a dynamic insider–outsider model," Evolutionary and Institutional Economics Review, Springer, vol. 17(1), pages 1-23, January.

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