期刊名称:International Journal of Economics and Financial Issues
电子版ISSN:2146-4138
出版年度:2016
卷号:6
期号:3
页码:1239-1246
语种:English
出版社:EconJournals
摘要:This paper presents a dynamic probit analysis of individual unemployment incidence using a panel survey on the National Socio-Economy (SUSENAS), 2008-2010. It compares a variety of dynamic random effects estimators, particularly focusing on the Heckman’s (1981) and Wooldridge’s (2005) approaches. The main result shows a strong evidence of persistence or state dependence of individual unemployment in Indonesia and therefore consistent with the theory of scar unemployment. This means that a person’s unemployment experience has an implication to his/her future of labour market experience. Keywords : persistent unemployment; state dependence; Heckman's estimator; Wooldridge’s estimator JEL Classifications : J64, J65, J68
其他摘要:This paper presents a dynamic probit analysis of individual unemployment incidence using a panel survey on the National Socio-Economy (SUSENAS), 2008-2010. It compares a variety of dynamic random effects estimators, particularly focusing on the Heckman’s (1981) and Wooldridge’s (2005) approaches. The main result shows a strong evidence of persistence or state dependence of individual unemployment in Indonesia and therefore consistent with the theory of scar unemployment. This means that a person’s unemployment experience has an implication to his/her future of labour market experience. Keywords : persistent unemployment; state dependence; Heckman's estimator; Wooldridge’s estimator JEL Classifications : J64, J65, J68