Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20996
Authors: 
Cockx, Bart Leo Wim
Dejemeppe, Muriel
Year of Publication: 
2002
Series/Report no.: 
IZA Discussion paper series 632
Abstract: 
On the basis of aggregate data for the early nineties, we analyse the determinants of unemployment duration for laid-off male workers in Wallonia (Belgium). Our results demonstrate that if ranking in recruitment occurs, the standard Mixed Proportional Hazard specification can be too restrictive, leading to an overstatement of the extent of true negative duration dependence. We conclude that negative duration dependence is largely spurious. We also decompose the time variation of the hazard in (unobserved) compositional and direct cyclical and seasonal effects. We find counter-cyclical variation in the quality of young workers, but none for the prime aged.
Subjects: 
unemployment duration
ranking
heterogeneity
business cycle
JEL: 
J64
C41
Document Type: 
Working Paper

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