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The Inter-related Dynamics of Unemployment and Low-wage Employment

Mark Stewart

No 269634, Economic Research Papers from University of Warwick - Department of Economics

Abstract: This paper examines the extent of state dependence in unemployment and the role played in this by intervening low-wage employment. A range of dynamic random and fixed effects estimators are compared. Low-wage employment is found to have almost as large an adverse effect as unemployment on future prospects and the difference in their effects is found to be insignificant. Evidence is presented that low-wage jobs act as the main conduit for repeat unemployment and considerably increases its probability. Obtaining a higherwage job reduces the increased risk of repeat unemployment to insignificance.

Keywords: Labor and Human Capital; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 32
Date: 2005-12-12
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Citations: View citations in EconPapers (5)

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Related works:
Journal Article: The interrelated dynamics of unemployment and low-wage employment (2007) Downloads
Working Paper: The Inter-related Dynamics of Unemployment and Low-Wage Employment (2006) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uwarer:269634

DOI: 10.22004/ag.econ.269634

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