Arbeitspapier
Do Business Cycles Have Long-Term Impact for Particular Cohorts?
Will the current employment crisis produce lost generations with permanently lower labour market attachment? Taking an explicit cohort perspective and based on Danish data we do not find strong persistence in employment rates at the cohort level. Younger workers tend to be more exposed to business cycle fluctuations than older workers, but importantly they recover more quickly from such set-backs than older workers for whom persistence is stronger. Moreover, no cohorts have been disproportionately affected by exposure to a sequence of adverse shocks. An explicit account of overlapping cohorts is shown to affect assessments of persistence in aggregate employment rates.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 7817
- Klassifikation
-
Wirtschaft
Business Fluctuations; Cycles
- Thema
-
persistence
lost generations
employment
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Andersen, Torben M
Maibom Pedersen, Jonas
Svarer, Michael
Sørensen, Allan
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Andersen, Torben M
- Maibom Pedersen, Jonas
- Svarer, Michael
- Sørensen, Allan
- Institute for the Study of Labor (IZA)
Entstanden
- 2013
Ähnliche Objekte (12)
Have estimates of cost stickiness changed across listing cohorts?
Characteristics of Business Cycles: Have they Changed?
Characteristics of business cycles: have they changed?
Select Birth Cohorts
PASSED: Brain atrophy in non-demented individuals in a long-term longitudinal study from two independent cohorts
Wage scarring among unlucky European cohorts
Particular!
"Particular!"
Optimal taxation with current and future cohorts
Does community context have important bearings on the divorce rate? A fixed-effects study of twenty Norwegian first-marriage cohorts
Wild zebra finches that nest synchronously have long-term stable social ties
Cycles
Have estimates of cost stickiness changed across listing cohorts?
Characteristics of Business Cycles: Have they Changed?
Characteristics of business cycles: have they changed?
Select Birth Cohorts
PASSED: Brain atrophy in non-demented individuals in a long-term longitudinal study from two independent cohorts
Wage scarring among unlucky European cohorts
Particular!
"Particular!"
Optimal taxation with current and future cohorts
Does community context have important bearings on the divorce rate? A fixed-effects study of twenty Norwegian first-marriage cohorts
Wild zebra finches that nest synchronously have long-term stable social ties
Cycles
Have estimates of cost stickiness changed across listing cohorts?
Characteristics of Business Cycles: Have they Changed?
Characteristics of business cycles: have they changed?
Select Birth Cohorts
PASSED: Brain atrophy in non-demented individuals in a long-term longitudinal study from two independent cohorts
Wage scarring among unlucky European cohorts
Particular!
"Particular!"
Optimal taxation with current and future cohorts
Does community context have important bearings on the divorce rate? A fixed-effects study of twenty Norwegian first-marriage cohorts
Wild zebra finches that nest synchronously have long-term stable social ties