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Using NLSY data, we examine the long-term effects of youth unemployment on later labor market outcomes. Involuntary unemployment may yield suboptimal investments in human capital in the short run. A t...
Unemployment Duration: Competing and Defective Risks
Unemployment Duration Competing Defective Risks
2016/3/4
This paper examines the determinants of unemployment duration in a competing risks framework with two destination states: inactivity and employment. The innovation is the recognition of defective risk...