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Long-term unemployment and labour force participation: a decomposition of unemployment to test for the discouragement and added worker hypotheses

Fuchs, Johann and Weber, Enzo (2017) Long-term unemployment and labour force participation: a decomposition of unemployment to test for the discouragement and added worker hypotheses. Applied Economics 49 (60), pp. 5971-5982.

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Other URL: http://doi.org/10.1080/00036846.2017.1368991


Abstract

We sharpen tests for 'discouragement' and 'added worker' effects by splitting the explanatory variable - the unemployment rate - into a short-term component and a long-term component. While short-term unemployment (STU) might not result in additional workers on a large scale, long-term unemployment (LTU) reduces household income more, increasing the need for additional income. On the other hand, ...

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Item type:Article
Date:2017
Institutions:Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Empirische Wirtschaftsforschung, insbesondere Makroökonomie und Arbeitsmarkt (Prof. Dr. Enzo Weber)
Identification Number:
ValueType
10.1080/00036846.2017.1368991DOI
Keywords:IMPACT; Added worker effect; discouraged worker; labour force participation; long-term unemployment
Dewey Decimal Classification:300 Social sciences > 330 Economics
Status:Published
Refereed:Yes, this version has been refereed
Created at the University of Regensburg:Yes
Item ID:38846
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