English, Article, Journal or magazine article edition: Estimating the Probability of Leaving Unemployment Using Uncompleted Spells from Repeated Cross-section Data Maia Guell; Maia Güell; Luojia Hu

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Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Estimating the Probability of Leaving Unemployment Using Uncompleted Spells from Repeated Cross-section Data
Author
  • Maia Guell
  • Maia Güell
  • Luojia Hu
Physical Description
  • preprint
Notes
  • RePEc:pri:indrel:854
  • We propose a new econometric estimation method for analyzing the probability of leaving unemployment using uncompleted spells from repeated cross-section data, which can be especially useful when panel data are not available. The proposed method-of-moments-based estimator has two important features: (1) it estimates the exit probability at the individual level and (2) it does not rely on the stationarity assumption of the inflow composition. We illustrate and gauge the performance of the proposed estimator using the Spanish Labor Force Survey data, and analyze the changes in distribution of unemployment between the 1980s and 1990s during a period of labor market reform. We find that the relative probability of leaving unemployment of the short-term unemployed versus the long-term unemployed becomes significantly higher in the 1990s.
  • Repeated cross-section data. GMM, duration analysis, unemployment
  • RePEc:upf:upfgen:688
Language
  • English
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