The role of worker flows in the dynamics and distribution of UK unemployment
"Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements across time are shaped by changes in labour mark...
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Veröffentlicht in: | Oxford review of economic policy 2011, Vol.27 (2), p.338-363 |
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creator | Elsby, Michael W. L Smith, Jennifer C Wadsworth, Jonathan |
description | "Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements across time are shaped by changes in labour market flows. Using novel estimates of flow transition rates for the UK over the last 35 years, we decompose unemployment variation into parts accounted for by changes in rates of job loss, job finding and flows via non-participation. Close to two-thirds of the volatility of unemployment in the UK over this period can be traced to rises in rates of job loss that accompany recessions. The share of this inflow contribution has been broadly the same in each of the past three recessions. Decreased job-finding rates account for around one-quarter of unemployment cyclicality and the remaining variation can be attributed to flows via non-participation. Digging deeper into the structure of unemployment by gender, age and education, the flow-approach is shown to provide a richer understanding of the unemployment experiences across population subgroups." (Author's abstract, IAB-Doku). Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch. Die Untersuchung bezieht sich auf den Zeitraum 1970 bis 2010. |
doi_str_mv | 10.1093/oxrep/grr014 |
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L ; Smith, Jennifer C ; Wadsworth, Jonathan</creator><creatorcontrib>Elsby, Michael W. L ; Smith, Jennifer C ; Wadsworth, Jonathan</creatorcontrib><description>"Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements across time are shaped by changes in labour market flows. Using novel estimates of flow transition rates for the UK over the last 35 years, we decompose unemployment variation into parts accounted for by changes in rates of job loss, job finding and flows via non-participation. Close to two-thirds of the volatility of unemployment in the UK over this period can be traced to rises in rates of job loss that accompany recessions. The share of this inflow contribution has been broadly the same in each of the past three recessions. Decreased job-finding rates account for around one-quarter of unemployment cyclicality and the remaining variation can be attributed to flows via non-participation. Digging deeper into the structure of unemployment by gender, age and education, the flow-approach is shown to provide a richer understanding of the unemployment experiences across population subgroups." (Author's abstract, IAB-Doku). Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch. Die Untersuchung bezieht sich auf den Zeitraum 1970 bis 2010.</description><identifier>ISSN: 0266-903X</identifier><identifier>EISSN: 1460-2121</identifier><identifier>DOI: 10.1093/oxrep/grr014</identifier><language>eng</language><publisher>Oxford: Oxford University Press</publisher><subject>Age ; Altersstruktur ; Arbeitslosenquote ; Arbeitsloser ; Arbeitslosigkeit ; Arbeitsmarktentwicklung ; Arbeitsmarktindikator ; Arbeitsplatzverlust ; Berufliche Reintegration ; Beschäftigung ; Beschäftigungsentwicklung ; Bildungsniveau ; Business cycles ; Economic conditions ; Economic crisis ; Economic policy ; Economic recessions ; Economic transitions ; Employment ; Equilibrium flow ; Geschlechtsspezifik ; Großbritannien ; Historical analysis ; Job loss ; Labor ; Labor economics ; Labor markets ; Labour market ; Markets ; Men ; Nichterwerbstätigkeit ; Population ; Recession ; Recessions ; Rezession ; Studies ; Unemployment ; Unemployment levels ; Unemployment rates ; United Kingdom ; Workers ; Workforce</subject><ispartof>Oxford review of economic policy, 2011, Vol.27 (2), p.338-363</ispartof><rights>Oxford University Press and Oxford Review of Economic Policy Limited 2011</rights><rights>The Authors 2011. 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L</creatorcontrib><creatorcontrib>Smith, Jennifer C</creatorcontrib><creatorcontrib>Wadsworth, Jonathan</creatorcontrib><title>The role of worker flows in the dynamics and distribution of UK unemployment</title><title>Oxford review of economic policy</title><description>"Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements across time are shaped by changes in labour market flows. Using novel estimates of flow transition rates for the UK over the last 35 years, we decompose unemployment variation into parts accounted for by changes in rates of job loss, job finding and flows via non-participation. Close to two-thirds of the volatility of unemployment in the UK over this period can be traced to rises in rates of job loss that accompany recessions. The share of this inflow contribution has been broadly the same in each of the past three recessions. Decreased job-finding rates account for around one-quarter of unemployment cyclicality and the remaining variation can be attributed to flows via non-participation. Digging deeper into the structure of unemployment by gender, age and education, the flow-approach is shown to provide a richer understanding of the unemployment experiences across population subgroups." (Author's abstract, IAB-Doku). Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch. Die Untersuchung bezieht sich auf den Zeitraum 1970 bis 2010.</description><subject>Age</subject><subject>Altersstruktur</subject><subject>Arbeitslosenquote</subject><subject>Arbeitsloser</subject><subject>Arbeitslosigkeit</subject><subject>Arbeitsmarktentwicklung</subject><subject>Arbeitsmarktindikator</subject><subject>Arbeitsplatzverlust</subject><subject>Berufliche Reintegration</subject><subject>Beschäftigung</subject><subject>Beschäftigungsentwicklung</subject><subject>Bildungsniveau</subject><subject>Business cycles</subject><subject>Economic conditions</subject><subject>Economic crisis</subject><subject>Economic policy</subject><subject>Economic recessions</subject><subject>Economic transitions</subject><subject>Employment</subject><subject>Equilibrium flow</subject><subject>Geschlechtsspezifik</subject><subject>Großbritannien</subject><subject>Historical analysis</subject><subject>Job loss</subject><subject>Labor</subject><subject>Labor economics</subject><subject>Labor markets</subject><subject>Labour market</subject><subject>Markets</subject><subject>Men</subject><subject>Nichterwerbstätigkeit</subject><subject>Population</subject><subject>Recession</subject><subject>Recessions</subject><subject>Rezession</subject><subject>Studies</subject><subject>Unemployment</subject><subject>Unemployment levels</subject><subject>Unemployment rates</subject><subject>United Kingdom</subject><subject>Workers</subject><subject>Workforce</subject><issn>0266-903X</issn><issn>1460-2121</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2011</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><recordid>eNqFkc1vEzEQxS1EJULKjRMSksWFHthm_LFOfEQVBdRIvbQSt5XXH-Cway_2rtL89zgsIhKH9jJzmN-beaOH0GsClwQkW8WHZIfV95SA8GdoQbiAihJKnqMFUCEqCezbC_Qy5x0AUM7JAm3vflicYmdxdHgf00-bsOviPmMf8Fhm5hBU73XGKhhsfB6Tb6fRx3AU3N_gKdh-6OKht2E8R2dOddm--tuX6P76093Vl2p7-_nr1cdtpWugYyWgZS0YKZ0gBpiirZVESs0U12C0KMW1mjpjLd1Iahx1tTPagHCKqs2GLdH7ee-Q4q_J5rHpfda261SwccqNLLJNzSgr5MWjJAECgnOo1wV99x-6i1MK5Y9GQl181EwW6MMM6RRzTtY1Q_K9SoeyqTlm0PzJoJkzOBmN0_AU-XYmd3mM6R_L2Zpzvj66ezPPjR9OR6XgjNXsN8Ilm_8</recordid><startdate>2011</startdate><enddate>2011</enddate><creator>Elsby, Michael W. 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Close to two-thirds of the volatility of unemployment in the UK over this period can be traced to rises in rates of job loss that accompany recessions. The share of this inflow contribution has been broadly the same in each of the past three recessions. Decreased job-finding rates account for around one-quarter of unemployment cyclicality and the remaining variation can be attributed to flows via non-participation. Digging deeper into the structure of unemployment by gender, age and education, the flow-approach is shown to provide a richer understanding of the unemployment experiences across population subgroups." (Author's abstract, IAB-Doku). Die Untersuchung enthält quantitative Daten. Forschungsmethode: empirisch-quantitativ; empirisch. Die Untersuchung bezieht sich auf den Zeitraum 1970 bis 2010.</abstract><cop>Oxford</cop><pub>Oxford University Press</pub><doi>10.1093/oxrep/grr014</doi><tpages>26</tpages><oa>free_for_read</oa></addata></record> |
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source | Jstor Complete Legacy; Oxford University Press Journals All Titles (1996-Current); PAIS Index |
subjects | Age Altersstruktur Arbeitslosenquote Arbeitsloser Arbeitslosigkeit Arbeitsmarktentwicklung Arbeitsmarktindikator Arbeitsplatzverlust Berufliche Reintegration Beschäftigung Beschäftigungsentwicklung Bildungsniveau Business cycles Economic conditions Economic crisis Economic policy Economic recessions Economic transitions Employment Equilibrium flow Geschlechtsspezifik Großbritannien Historical analysis Job loss Labor Labor economics Labor markets Labour market Markets Men Nichterwerbstätigkeit Population Recession Recessions Rezession Studies Unemployment Unemployment levels Unemployment rates United Kingdom Workers Workforce |
title | The role of worker flows in the dynamics and distribution of UK unemployment |
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