TY  - RPRT
        AU  - Cockx, Bart
AU  - Picchio, Matteo
        TI  - Scarring Effects of Remaining Unemployed for Long-Term Unemployed School-Leavers
        PY  - 2011/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 5937
        UR  - https://www.iza.org/publications/dp5937
        AB  - This study investigates whether and to what extent further unemployment experience for youths who are already long-term unemployed imposes a penalty on subsequent labor market outcomes. We propose a flexible method for analyzing the effect on wages aside of transitions from unemployment and employment within a multivariate duration model that controls for selection on observables and unobservables. We find that prolonging unemployment drastically decreases the chances of finding employment, but hardly affects the quality of subsequent employment. The analysis suggests that negative duration dependence in the job finding rate is induced by negative signaling and not by human capital depreciation.
        KW  - employment quality
KW  - selectivity
KW  - wage in multivariate duration model
KW  - scarring effect of unemployment duration
        ER  -