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

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 employment prospects. In-dividuals who face particularly depressed local labour markets when they graduate from secondary education, are – other things equal - subject to relatively high rates of non-employment 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 specification and conditioning variables, and that they are not limited to indi-viduals with a particularly disadvantaged background.

Om publikasjonen

Forfattere:

Raaum, Oddbjørn and Knut Røed

År:

2006

Tidsskrift:

The Review of Economics and Statistics

Serie:

Vitenskapelige tidsskrift

JEL:

J64

Nøkkelord:

Unemployment, Non-employment, Scarring

Prosjekt:

1131 - Oppvekstvilkår, tidlig arbeidsløshet og marginalisering

Kontakt:

knut.roed@frisch.uio.no

Finansiering:

Norges Forskningsråd