The Risk of marginalization in the Labour Market: Application of the Three State Dependent Competing Risks Duration Model

Michael Rosholm

Working Papers from Centre for Labour Market and Social Research, Danmark-

Abstract: In this paper I apply a three-state dependent competing risks model to analyse marginalization in the Danish labour market during the 1980s. I derive the theoretical contribution of a left-censored spell (which may also be right-censored), using a piecewise exponential baseline hazard specification. Dependency between risks and time spent in various states is allowed for. The main findings are that youth unemployment was a severe problem in the 1980s, caused mainly by high transition rates into nonparticipation and unemployment, rather than low transition rates into employment. Furthermore, for a certain cohort of men, 'The lost Generation', having obtained working experience is crucial to not being marginalized, that is, there are indications of a higher degree of polarization in the labour market for this particular male cohort.

Keywords: RISK; UNEMPLOYMENT; LABOUR MARKET (search for similar items in EconPapers)
JEL-codes: J21 J60 J64 (search for similar items in EconPapers)
Pages: 54 pages
Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (5)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fth:clmsre:97-14

Access Statistics for this paper

More papers in Working Papers from Centre for Labour Market and Social Research, Danmark- Danmark; Centre for Labour Market and Social Research. Science Park Aarhus Wieds Vej 10C, 8000 Aarhus C, Danmark. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().