Incidence and Transition Rates of Unemployment in Kansas Labor Markets, 1899

Young-Chul Kim
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Young-Chul Kim: Keimyung University

Korean Economic Review, 1996, vol. 12, issue 1, 167-184

Abstract: Unemployment at the end of century was widespread, and it was not distributed according to a random draw, as the theory of spot-labor markets predicts it to have been. Workers belonging to different occupational groups showed considerably dis-tinctive unemployment patterns in terms of incidence and transition rates. Unem-ployment was pervasive among building workers and female workers while it was less widespread among railway workers and male miscellaneous workers. The tran-sition rate of exiting unemployment as more important than that of entering unem-ployment in explaining difference in unemployment experiences across occupational groups during the era.

Date: 1996
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