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New Estimates of the Duration and Risk of Unemployment for West-Germany

New Estimates of the Duration and Risk of Unemployment for West-Germany
Author: Ralf A. Wilke
Publisher:
Total Pages: 29
Release: 2004
Genre:
ISBN:

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This paper analyzes changes in the risk of unemployment and changes in the distribution of unemployment duration for the 26 to 41 years old working population in West-Germany during the 1980ties and 1990ties. The comprehensive IAB employment subsample 1975-1997 is used for the analysis. It contains employment and unemployment trajectories of about 500.000 individuals from West-Germany. The application of flexible nonparametric estimators yields results which are less sensitive to misspecification as it is often the case for parametric hazard rate models. By conditioning on several observable variables such gender, education, marital status etc. we identify significant differences in the first three quintiles of the distribution of the length of unemployment duration. A large share of long term unemployment with only few exits to employment is observed in almost any of the segments. The analysis also considers general evolutions over time and variations along the business cycle. The paper therefore provides a collection of detailed stylized facts about the distribution of unemployment durations in West-Germany during the past two decades.


An Econometric Analysis of Individual Unemployment Duration in West Germany

An Econometric Analysis of Individual Unemployment Duration in West Germany
Author: Eckhard Wurzel
Publisher: Springer Science & Business Media
Total Pages: 252
Release: 2012-12-06
Genre: Political Science
ISBN: 3642502989

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In contemporary labor economics increasing attention is paid to the fact that unemployment is not only a stock but also a flow phenomenon. The present micro-econometric study analyses the impact of important socio-economic characteristics on unemployment duration in West Germany. Based on a search theoretic framework unemployment duration is considered as a stochastic process whose evolution is influenced by economicand demographic variables like unemployment benefits, expected wage offers, training and age. This is modeled by application of the concept of the hazard rate which denotes the conditional exit rate from unemployment over time given elapsed unemployment duration. Contrasting more traditional models a semi-parametric approachis chosen which reduces the danger of mis-specification of the stochastic duration process. This procedure also is particularly suitable for the analysis of grouped observations on unemployment duration typically generated by longitudinal data sets as the German "Socio-Economic Panel" which is utilized for this study. Besides deriving a set of empirical results on unemployment duration in West Germanymethodological issues of duration analysis are considered with particular attention paid to the impact of the sample design. Also, important outcomes from search theory and findings from other hazard rate analysesare surveyed.


Job Stability Trends, Lay-Offs, and Transitions to Unemployment in West Germany

Job Stability Trends, Lay-Offs, and Transitions to Unemployment in West Germany
Author: Annette Bergmann
Publisher:
Total Pages: 0
Release: 2011
Genre:
ISBN:

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This paper examines the evolution of different aspects of job stability, notably the termination reasons and the transition states. We estimate Semi-Parametric Cox Hazard Models with competing risks for West Germany and find an increasing hazard of job ending that is driven by an increasing hazard of being laid off, primarily. One explanation found is that men with fixed-term contracts face increasing risks of being displaced. In accordance with the technological change hypothesis we also find that men with a high degree of non-routine interactive tasks face a declining risk of displacement.


New Insights Into Unemployment Duration and Post Unemployment Earnings in Germany

New Insights Into Unemployment Duration and Post Unemployment Earnings in Germany
Author: Bernd Fitzenberger
Publisher:
Total Pages: 0
Release: 2010
Genre:
ISBN:

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Building on non-stationary search theory (Mortensen, 1977; Van den Berg, 1990), this article estimates the effects of UB on unemployment durations and future earnings using unique administrative data in Germany. We apply censored Box-Cox quantile regression. Our results imply that the length of entitlement shows only a weak effect on unemployment duration for entitlement lengths up to 12 months and no effect on post unemployment earnings. There are noticeable effects on exits from unemployment for entitlement lengths above 12 months. A high wage replacement rate for low-wage earners is associated with a longer duration of unemployment and higher post unemployment earnings.


Unemployment Dynamics in the United States and West Germany

Unemployment Dynamics in the United States and West Germany
Author: Markus Gangl
Publisher: Springer Science & Business Media
Total Pages: 295
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642573347

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In writing this book, I increasingly became aware of the extent to which much of the finest social science research has been devoted to the issue of unemployment. Unemployment rightly is a key issue in the social sciences for search of social and political answers to the economic, social and psychological distress caused by un certainty and macroeconomic change. I was glad to find my own worries shared by eminent and respected scholars: George Akerlof once confessed to pursue the study of unemployment ultimately because of his father's distress from fear of un employment, and Wout Ultee started research on unemployment from the consid eration that parents' talk about unemployment risks should not come to dominate marriage parties or other family occasions. The problem of unemployment is thus hardly confmed to actual loss of income, but one where economic insecurity be gins to undermine the very fabric of society. In consequence, to combat unem ployment should indeed be a foremost issue in societies striving for freedom and justice for their citizenry, yet to succeed obviously requires an understanding of the underlying economic realities. If this study could contribute to this endeavor, all the time spent in writing would seem well spent indeed. Against the significant body of existing social science research on unemploy ment, it seems appropriate to be clear about the scope and limitations of the cur rent study, however.


Better Safe Than Sorry? The Effects of Income Risk and Unemployment Risk on Wages

Better Safe Than Sorry? The Effects of Income Risk and Unemployment Risk on Wages
Author: Wolfgang Nagl
Publisher:
Total Pages: 0
Release: 2014
Genre:
ISBN:

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We study the effects of income risk and unemployment risk on individual wages simultaneously. Starting point for the empirical analysis is a portfolio model for the labor market. This model shows positive wage effects for both risks but also a negative interaction effect. Using German administrative panel data we estimate the effects of the income risk, the unemployment risk and their interaction on individual wages separately for men and women in East and West Germany. We find the expected positive wage effects for both risks as well as a negative interaction effect. The marginal effect of income risk on wages is positive, whereas the marginal effect of unemployment risk is negative.


Youth Employment and Joblessness in Advanced Countries

Youth Employment and Joblessness in Advanced Countries
Author: David G. Blanchflower
Publisher: University of Chicago Press
Total Pages: 494
Release: 2007-12-01
Genre: Political Science
ISBN: 0226056848

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The economic status of young people has declined significantly over the past two decades, despite a variety of programs designed to aid new workers in the transition from the classroom to the job market. This ongoing problem has proved difficult to explain. Drawing on comparative data from Canada, Germany, France, Sweden, and the United Kingdom, these papers go beyond examining only employment and wages and explore the effects of family background, education and training, social expectations, and crime on youth employment. This volume brings together key studies, providing detailed analyses of the difficult economic situation plaguing young workers. Why have demographic changes and additional schooling failed to resolve youth unemployment? How effective have those economic policies been which aimed to improve the labor skills and marketability of young people? And how have youths themselves responded to the deteriorating job market confronting them? These questions form the empirical and organizational bases upon which these studies are founded.


Unemployment in Theory and Practice

Unemployment in Theory and Practice
Author: Thomas Lange
Publisher: Edward Elgar Publishing
Total Pages: 328
Release: 1998-01-01
Genre: Business & Economics
ISBN: 9781782542995

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Unemployment in Theory and Practice examines the effectiveness of current policies in the battle against unemployment. It uses a variety of country case studies to analyse the range of potential causes of and cures for unemployment and analyses the complex nature of labour markets.


Transitions from Education to Work in Europe

Transitions from Education to Work in Europe
Author: Walter Müller
Publisher: Oxford University Press, USA
Total Pages: 348
Release: 2003-11-27
Genre: Business & Economics
ISBN: 0199252475

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This text provides a comparative analysis of school-to-work transitions in EU member states. It shows how differences in both European education and training systems, as well as labour market institutions, generated significant variation in the experiences of young people in the 1990s.