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Institut für Weltwirtschaft (IfW), Kiel >
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http://hdl.handle.net/10419/47007
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| Title: | | Structural change of the production process and unemployment duration in Germany  |
| Authors: | | Schimmelpfennig, Axel |
| Issue Date: | | 1999 |
| Series/Report no.: | | Kiel Working Papers 959 |
| Abstract: | | Based on a Cox Proportional Hazard analysis of German unemployment spells, structural change of the production process is identified as a major explanation for long-term unemployment. Other important covariates capture labor market institutions, macroeconomic stress factors, and individual characteristics. Structural change of the production process has resulted in a shift in labor demand across occupations and skills. For individuals laid off from declining parts of the economy, this implies a devaluation of their human capital. They need to acquire new skills for positions in expanding parts of the economy, or spend a longer time in unemployment searching for the few remaining jobs for which they possess adequate skills. |
| Subjects: | | Unemployment duration Cox Proportional Hazard model structural change |
| JEL: | | J62 J64 C41 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Kieler Arbeitspapiere, IfW
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