Arbeitspapier
Persistence in youth unemployment
This paper examines the degree of persistence of youth unemployment (total, male and female) in twenty-four countries by using two alternative measures: the AR coefficient and the fractional differencing parameter, based on short- and long-memory processes respectively. The evidence suggests that persistence is particularly high in Japan and some EU countries such as Spain, Portugal, Ireland and Finland, where appropriate policy actions are of the essence. Specifically, active labour market policies are necessary to prevent short-term unemployment from becoming structural (long-term).
- Sprache
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Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 3961
Single Equation Models; Single Variables: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
Unemployment: Models, Duration, Incidence, and Job Search
persistence
fractional integration
Jugendarbeitslosigkeit
Hysteresis
Schätzung
Industriestaaten
Japan
Spanien
Portugal
Irland
Finnland
Gil-Alana, Luis A.
- Handle
- Letzte Aktualisierung
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20.09.2024, 08:22 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Caporale, Guglielmo Maria
- Gil-Alana, Luis A.
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2012