Abstract
In this chapter we are concerned with the empirical distinction between short- and long-term joblessness. This distinction finds a ready counterpart in theoretical explanations of chronic unemployment having a basis in insider-outsider considerations, hysteresis effects, and mismatch unemployment (LAYARD et al., 1991). Discouraged worker effects, unemployment insurance effects, stigmatization, and losses in human capital during the spell of unemployment also have a direct bearing on the incidence and experience of long-term unemployment.1
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Addison, J.T., Portugal, P. (2004). Short- and Long-Term Unemployment: A Discrete Duration Model with Time-Varying Covariate Effects. In: Addison, J.T., Welfens, P.J.J. (eds) Labor Markets and Social Security. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-24780-7_6
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DOI: https://doi.org/10.1007/978-3-540-24780-7_6
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