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The Persistence of Unemployment in a Dynamic Insider-Outsider Model

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Advances in the Theory and Measurement of Unemployment

Abstract

Since the beginning of the 1970s, many countries in Western Europe have experienced persistent high unemployment. For the European Community as a whole the unemployment rate today is approximately four times its 1970 level. This increase in unemployment reflects a significant increase in the duration of unemployment spells and reduced turnover among the unemployed.

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References

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© 1990 Yoram Weiss and Gideon Fishelson

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Drazen, A., Gottfries, N. (1990). The Persistence of Unemployment in a Dynamic Insider-Outsider Model. In: Weiss, Y., Fishelson, G. (eds) Advances in the Theory and Measurement of Unemployment. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-10688-2_12

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