Estimating the determinants of the unemployment duration for college graduates in Taiwan

This paper incorporates unmeasured heterogeneity into the econometric specification to estimate the determinants of the unemployment duration for college graduates in Taiwan. Empirical results indicate that personal characteristics and job search variables are significant determinants while family background variables show little effect. The insignificance of the financial constraint variable suggests that the scheduled unemployment compensation programme may not have any impact on the search unemployment duration for college graduates in Taiwan.