Measuring Unemployment and Cyclical Participation in the British Labour Market.
Unemployment rates for the United Kingdom are ordinarily calculated using National Insurance registration data. This paper uses individual data from the Labour Force Survey to (1) determine unemployment rates on an aggregate and socioeconomic group basis using search based criteria and (2) estimate the extent to which search is sensitive to labor market slack. The authors find that the probability of ILO/OECD search among the jobless is insensitive to labor market conditions, whereas the probability of employer contact search among the jobless is significantly greater in low unemployment markets. Thus, measures of "discouraged" workers hinge on the search definition adopted. Copyright 1990 by The editors of the Scandinavian Journal of Economics.
Year of publication: |
1990
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Authors: | Hughes, Gordon ; McCormick, Barry |
Published in: |
Scandinavian Journal of Economics. - Wiley Blackwell, ISSN 1467-9442. - Vol. 92.1990, 2, p. 247-69
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Publisher: |
Wiley Blackwell |
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