Unemployment Duration: Competing and Defective Risks.

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 source of infinite dur...

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Publicado en:Journal of Human Resources Vol. 38; no. 1; pp. 156 - 192
Autores principales: Addison, John T., Portugal, Pedro
Formato: Artículo
Publicado: University of Wisconsin Press Winter2003
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Unemployment Duration: Competing and Defective Risks.
      aug:
        au:
          Addison, John T.
          Portugal, Pedro
      su:
        Mathematical models of unemployment
        Risk
        Unemployment
        Portugal
      sug:
        subj:
          Portugal
          Mathematical models of unemployment
          Risk
          Unemployment
      ab: 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 source 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. Reprinted by permission of the publisher.
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      doctype: Article
      src: R
    language: English
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