Publication

Do Business Cycle Conditions at the Time of Labour Market Entry Affect Future Unemployment?

Forfattere: Raaum, Oddbjørn and Røed, Knut

Publisert: 2002

Sammendrag: Labour market conditions at the time and place of potential entry into the labour market are shown to have a substantial and persistent impact on adult labour market performance. Birth cohorts that face particularly depressed labour markets when they graduate from primary- and/or secondary education are – other things equal – subject to relatively high rates of unemployment during their whole prime-age work career. Building on a unique combination of micro- and macro data from Norway, we show that these effects are robust with respect to model-specifications and conditioning variables, and that they are not limited to particularly disadvantaged groups of workers.

Prosjekt: 1131 Oppvekstvilkår, tidlig arbeidsløshet og marginalisering

Finansiering: Forskningsrådet

Referanse: Memorandum, 12/2002

JEL Codes: J64

Keywords: Unemployment, Marginalisation, Scarring.

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