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The Wounds That Do Not Heal

The Lifetime Scar of Youth Unemployment

Datos Bibliográficos

ID9727330
AutoresGianni De Fraja (0000-0001-6164-1002, University of Nottingham University of Rome Tor Vergata and CEPR), Sara Lemo (0000-0001-9904-8503, University of Leicester), Sara Lemos (0000-0003-4301-3277, University of Leicester), James Rockey (0000-0002-2313-5544, University of Birmingham)
Año2021
Volumen88
Número352
Páginas896-941
Fecha de publicación2021-10-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaEconomica (JOURNAL)
Identificadores de la revistaISSN: 0013-0427 • E-ISSN: 1468-0335
EditorialWiley (PUBLISHER • GB)
DOI10.1111/ecca.12384
OpenAlexW2592515922
IdiomaEN
Citas recibidas5
Referencias citadas56

This paper uses UK administrative data to study the long‐term effects of unemployment on earnings. It is the first paper to pinpoint accurately the relative importance of the timing of employment shocks within workers’ lives. We find a strong effect of events in the first few years after entry into the labour market: each month of unemployment between ages 18 and 20 causes a permanent income loss of 1.2% per year. This scar effect of youth unemployment is lower when it happens when the worker's age is between 21 and 23, and it disappears altogether in the next three‐year age period. The scar effect is most severe for individuals at the lower end of the ability distribution

Affect (linguistics) · Demographic economics · Economic growth · Economics · Labour economics · Rest (music) · Unemployment · Youth unemployment · Employment and Welfare Studies · Internal Medicine · Labor market dynamics and wage inequality · Medicine · Psychology

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Obras citantes distintas5
Citas por año0,83
Intervalo de citas2020 - 2025 (6)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 3
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