Distribution and determinants of lifetime unemployment

Schmillen, Achim and Moeller, Joachim (2012) Distribution and determinants of lifetime unemployment. LABOUR ECONOMICS, 19 (1). pp. 33-47. ISSN 0927-5371,

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Abstract

The empirical literature on unemployment almost exclusively focuses on the duration of distinct unemployment spells. In contrast, we use a unique administrative micro data set for the time span 1975-2004 to investigate individual lifetime unemployment - defined as the cumulative length of all unemployment spells over a 25-year period. This new perspective enables us to answer questions regarding the long-term distribution and determinants of unemployment for birth cohorts 1950-1954. We show that lifetime unemployment is highly concentrated on a small part of the population. With censored quantile regressions we investigate the long-lasting influence of bad luck early in the professional career: Controlling for individual and firm characteristics we find that choosing at a young age what turns out to be an unfavorable occupation significantly increases the predicted amount of lifetime unemployment. (C) 2011 Elsevier B.V. All rights reserved.

Item Type: Article
Uncontrolled Keywords: CENSORED QUANTILE REGRESSIONS; BUSINESS-CYCLE; LABOR-MARKET; WEST-GERMANY; EMPLOYMENT; TIME; EXPERIENCES; Lifetime unemployment; Censored quantile regressions; Occupation-specific human capital
Subjects: 300 Social sciences > 330 Economics
Divisions: Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Entpflichtete oder im Ruhestand befindliche Professoren > Lehrstuhl für Empirische Makroökonomie und Regionalökonomie (Prof. Dr. Joachim Möller)
Business, Economics and Information Systems > Institut für Immobilienenwirtschaft / IRE|BS > Alumni or Retired Professors > Lehrstuhl für Empirische Makroökonomie und Regionalökonomie (Prof. Dr. Joachim Möller)
Depositing User: Dr. Gernot Deinzer
Date Deposited: 25 May 2020 09:03
Last Modified: 25 May 2020 09:03
URI: https://pred.uni-regensburg.de/id/eprint/19554

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