Schmillen, Achim and Moeller, Joachim (2012) Distribution and determinants of lifetime unemployment. LABOUR ECONOMICS, 19 (1). pp. 33-47. ISSN 0927-5371,
Full text not available from this repository. (Request a copy)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 |
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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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