EconPapers    
Economics at your fingertips  
 

Temporary employment and the natural rate of unemployment

Maria Ward Otoo
Additional contact information
Maria Ward Otoo: University of Missouri

No 1999-66, Finance and Economics Discussion Series from Board of Governors of the Federal Reserve System (U.S.)

Abstract: This paper examines the determinants of the natural rate of unemployment using a combined cross section and time series data set. The results suggest that industry composition affects the natural rate. In particular, a higher share of temporary employment in a local labor market tends to lower the natural rate of unemployment--most likely through the matching function. The results suggest that the increase in the share of temporary employment may have reduced the natural rate as much as 1/4 percentage point. The results also indicate that unemployment insurance benefits tend to boost the natural rate, while having a more highly educated work force tends to lower it. However, the degree of union presence in a local labor market had little impact on the natural rate.

Keywords: Temporary employees; Labor market; Unemployment (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lab
Date: 1999, Revised 1999
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://www.federalreserve.gov/pubs/feds/1999/199966/199966abs.html (text/html)
http://www.federalreserve.gov/pubs/feds/1999/199966/199966pap.pdf (application/pdf)

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:fip:fedgfe:1999-66

Access Statistics for this paper

More papers in Finance and Economics Discussion Series from Board of Governors of the Federal Reserve System (U.S.) Contact information at EDIRC.
Bibliographic data for series maintained by Ryan Wolfslayer ; Keisha Fournillier ().

 
Page updated 2020-01-14
Handle: RePEc:fip:fedgfe:1999-66