Arbeitspapier
Social interactions and unemployment
This paper is concerned with social interactions and their importance for unemployment. A theoretical model is specified in which the psychological costs of unemployment depend upon the unemployment level. The analysis reveals social multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24-year-olds living in Stockholm during the 1990s are used to test hypotheses from the model. The results show that individuals transition rates out of unemployment is strongly influenced by the unemployment level within their neighborhoods.
- Language
-
Englisch
- Bibliographic citation
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Series: Working Paper ; No. 2003:15
- Classification
-
Wirtschaft
Unemployment: Models, Duration, Incidence, and Job Search
Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
- Subject
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Social interactions
social norms
social multipliers
unemployment
- Event
-
Geistige Schöpfung
- (who)
-
Hedström, Peter
Kolm, Ann-Sofie
Åberg, Yvonne
- Event
-
Veröffentlichung
- (who)
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Institute for Labour Market Policy Evaluation (IFAU)
- (where)
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Uppsala
- (when)
-
2003
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hedström, Peter
- Kolm, Ann-Sofie
- Åberg, Yvonne
- Institute for Labour Market Policy Evaluation (IFAU)
Time of origin
- 2003
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