The interrelated dynamics of unemploymen
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Mark B. Stewart
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Article
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2007
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John Wiley and Sons
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English
โ 180 KB
## Abstract This paper examines the extent of state dependence in unemployment and the role played in this by intervening lowโwage employment. A range of dynamic random and fixedโeffects estimators are compared. Lowโwage employment is found to have almost as large an adverse effect as unemployment