Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/85755
Authors: 
Abbring, Jaap H.
van den Berg, Gerard J.
van Ours, Jan C.
Year of Publication: 
1997
Series/Report no.: 
Tinbergen Institute Discussion Paper 97-050/3
Abstract: 
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial approach of previous studies this paper takes all elements of unemployment dynamics simultaneously into account. We find that cyclical fluctuations in unemployment are driven by variations in the incidence, individual exit probabilities and the composition of the inflow into unemployment. We also find negative duration dependence of the unemployment exit rate which can be attributed to employers ranking workers according to the length of their unemployment spell.
Subjects: 
Business Cycles
Cycle
Unemployment
JEL: 
E32
J64
E24
Document Type: 
Working Paper

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