This paper examines the extent of state dependence in unemployment and the role played in this by intervening low-wage employment. A range of dynamic random and fixed effects estimators are compared. Low-wage employment is found to have almost as large an adverse effect as unemployment on future...

Mark Stewart is professor of civil engineering and director of the Centre for Infrastructure Performance and Reliability at University of Newcastle, Australia. He is currently a visiting scholar at the Mershon Center for International Security Studies. In his presentation, Stewart will discuss...