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Title:Do business cycle conditions at the time of labour market entry affect future unemployment? PDF Logo
Authors:Raaum, Oddbjørn
Røed, Knut
Issue Date:2002
Series/Report no.:Memorandum, Department of Economics, University of Oslo 2002,12
Abstract:Labour market conditions at the time and place of potential entry into the labour market are shown to have a substantial and persistent impact on adult labour market performance. Birth cohorts that face particularly depressed labour markets when they graduate from primary- and/or secondary education are – other things equal - subject to relatively high rates of unemployment during their whole prime-age work career. Building on a unique combination of micro- and macro data from Norway, we show that these effects are robust with respect to model-specifications and conditioning variables, and that they are not limited to particularly disadvantaged groups of workers.
Subjects:Unemployment
Marginalisation
Scarring
JEL:J64
Document Type:Working Paper
Appears in Collections:Memorandum, Department of Economics, University of Oslo

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