EconPapers    
Economics at your fingertips  
 

Unemployment Duration Competing and Defective Risks

John Addison () and Pedro Portugal

Journal of Human Resources, 2003, vol. 38, issue 1

Abstract: 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 risks. A polynomial hazard function is used to differentiate between two possible sources of infinite durations. The first is produced by a random process of unlucky draws, the second by workers rejecting a destination state. The evidence favors the mover-stayer model over the search model. Refinement of the former approach, using a more flexible baseline hazard function, produces a robust and more convincing explanation for positive and zero transition rates out of unemployment.

Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (35) Track citations by RSS feed

Downloads: (external link)
http://jhr.uwpress.org/cgi/reprint/XXXVIII/1/156
A subscripton is required to access pdf files. Pay per article is available.

Related works:
Working Paper: Unemployment Duration: Competing and Defective Risks (2001) Downloads
Working Paper: Unemployment Duration: Competing and Defective Risks (2000) Downloads
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:uwp:jhriss:v:38:y:2003:i:1:p156-191

Access Statistics for this article

More articles in Journal of Human Resources from University of Wisconsin Press
Bibliographic data for series maintained by ().

 
Page updated 2020-01-23
Handle: RePEc:uwp:jhriss:v:38:y:2003:i:1:p156-191