An analysis of duration of unemployment: 1967-1979

D. Bailey, A. Parikh

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The purpose of this paper is to estimate the duration of unemployment during the period 1967 - 1979 using the concept of a stationary register. The estimate of duration is obtained using U=iD where U is stock of unemployed, i is total inflows entering the pool of unemployed and D is duration of unemployment. Both ratio and regression estimates suggest that duration of unemployment has increased from 1.90 months to 4.5 months and this increase cannot be explained entirely by search-turnover views.
Original languageEnglish
Pages (from-to)131-141
Number of pages11
JournalEmpirical Economics
Issue number3
Publication statusPublished - 1 Sep 1985

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