O'Neill, Donal
(1995)
The Impact of Restart on Reservation
Wages and Long-Term Unemployment.
Oxford Bulletin of Economics and Statistics, 57 (4).
pp. 451-471.
ISSN 0305-9049
Abstract
The last two decades have seen considerable growth in the level of
unemployment in the UK. Between 1960 and 1968, the average unemployment
rate was 2.6 percent, by the first half of the 198O's this had risen to 10.5
percent. Along with rising unemployment, this period also saw changes in the
nature of unemployment, with unemployed individuals spending longer
periods out of work. Between 1979 and 1986 the proportion of unemployed
people who had been out of work for over a year rose from 20 percent to
approximately 40 percent. Recent work by Layard et al (1991) shows that
almost the entire growth in unemployment over this period can be attributed
to an increase in time spent unemployed rather than an increase in the inflow
rate into unemployment.
| Item Type: |
Article
|
| Keywords: |
Impact; Restart; Reservation;
Wages; Long-Term Unemployment; |
| Academic Unit: |
Faculty of Social Sciences > Economics, Finance and Accounting |
| Item ID: |
8492 |
| Depositing User: |
Donal O'Neill
|
| Date Deposited: |
19 Jul 2017 15:55 |
| Journal or Publication Title: |
Oxford Bulletin of Economics and Statistics |
| Publisher: |
Wiley |
| Refereed: |
Yes |
| URI: |
|
| Use Licence: |
This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available
here |
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