Abstract
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 language | English |
---|---|
Pages (from-to) | 131-141 |
Number of pages | 11 |
Journal | Empirical Economics |
Volume | 10 |
Issue number | 3 |
DOIs | |
Publication status | Published - 1 Sep 1985 |