Determinants of ins and outs of unemployment

Ductor, Lorenzo and Grechyna, Daryna (2019) Determinants of ins and outs of unemployment. Applied Economics Letters . ISSN 1350-4851 (Published online first) (doi:https://doi.org/10.1080/13504851.2019.1646858)

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Abstract

We estimate the robust determinants of the inflow rate into and outflow rate from unemployment in a sample of OECD countries, using Bayesian model averaging approach to overcome model uncertainty. We find that the main determinant of outflows from unemployment is expenditure on passive labour market policies, while the main determinant of inflows into the unemployment is the duration of benefit entitlement.

Item Type: Article
Keywords (uncontrolled): Unemployment inflow, unemployment outflow, Bayesian model averaging, labour market institutions
Research Areas: A. > Business School > Economics
Item ID: 27025
Notes on copyright: This is an Accepted Manuscript of an article published by Taylor & Francis in Applied Economics Letters on 07/08/2019, available online: https://doi.org/10.1080/13504851.2019.1646858.
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Depositing User: Daryna Grechyna
Date Deposited: 17 Jul 2019 15:06
Last Modified: 24 Aug 2019 00:01
URI: https://eprints.mdx.ac.uk/id/eprint/27025

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