TITLE

UNSTABLE JOB ATTACHMENTS AND THE CHANGING STRUCTURE OF BRITISH UNEMPLOYMENT 1973-83

AUTHOR(S)
McCormick, Barry
PUB. DATE
March 1988
SOURCE
Economic Journal;Mar88 Supplement, Vol. 98 Issue 390, p132
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
(1) The British data do not appear to support the consensus view of the behaviour of high unemployment groups described in the introduction: where unemployment rates vary across a socio-economic category (age, occupation, marital status, etc.), all else equal, this is as much because the duration of unemployment is altered, as because of a change in the frequency of unemployment. This contrasts with the results from the partial comparisons (Nickell, 1980) in which the bulk of the variation in unemployment between categories is explained by variation in the frequency of unemployment. (2) Variations in the frequency of entering unemployment across a socio-economic category, ceteris paribus, are often associated with large variations in the likelihood that a job change results in a spell of unemployment, rather than variations in job turnover. Thus theories explaining a high frequency of unemployment need to explain why some groups are more likely to search successfully on-the-job. In order to tackle the questions raised here various strong assumptions have been made - particularly with regard to the turnover equation - and whilst the conclusions appear robust within the given context, further work with panel data is warranted.
ACCESSION #
4530686

 

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