| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11824 |
| DP11824 Are the Spanish Long-Term Unemployed Unemployable? | |
| Samuel Bentolila; Jose Ignacio Garcia Perez; Marcel Jansen | |
| 发表日期 | 2017-02-02 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its persistence using state-of-the-art duration models. We find pervasive evidence of negative duration dependence, while personal characteristics such as mature age, lack of experience, and entitlement to unemployment benefits are key to understand the cross-sectional differences in the incidence of long-term unemployment. The negative impact of low levels of skill and education is muted by the large share of temporary contracts, but once we restrict attention to employment spells lasting at least one month these factors also contribute to a higher risk of long-term unemployment. Surprisingly, workers from the construction sector do not fare worse than similar workers from other sectors. Finally, self-reported reservation wages are found to respond strongly to the cycle, but much less to individual unemployment duration. In view of these findings, we argue that active labour market policies should play a more prominent role in the fight against long-term unemployment while early activation should be used to curb inflows. |
| 主题 | Labour Economics |
| 关键词 | Long-term unemployment Great recession Duration models Survival probability Spain |
| URL | https://cepr.org/publications/dp11824 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540637 |
| 推荐引用方式 GB/T 7714 | Samuel Bentolila,Jose Ignacio Garcia Perez,Marcel Jansen. DP11824 Are the Spanish Long-Term Unemployed Unemployable?. 2017. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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