Regarding the trade-off between the depth and the duration of recessions, there exists a mounting empirical evidence of … GDP in depth and a relative difference of 3 years duration can be attributed to this parameter. Overlooked for decades …

We investigate why we observe non-negative duration dependence among young unemployed men in urban Ethiopia. Assuming … that genuine duration dependence is negative, there are five explanations for a non-decreasing hazard: the presence of … is the only convincing one. We also establish that genuine duration dependence is indeed negative in the long run. …

incidence and duration and find that most variables have the same effect on both. Unemployment is concentrated among relatively … well-educated first time job seekers who come from the middle classes. Mean duration of unemployment is close to four years … Addis are less likely to become unemployed, and ethnicity has no effect. We find that both the incidence and duration of …