This paper addresses two issues of great importance in the current economic climate. First, it analyses the extent to which unemployment experiences have a scarring effect on British men during the Great Recession. Second, it provides an insight into the relation between true state dependence...

In this paper we analyze the processes of labour market exclusion and (re-) inclusion, using a Danish register-based data set covering the period 1981-1990. The analysis is performed by estimation of reduced form transition models, the parameters of which are interpreted within the framework of...

This paper looks at the effects of unemployment on re-employment wage for men using the first seven waves of the British Household Panel Survey (BHPS) conducted over the period 1991-1997. In particular, how the effect of an interruption changes over time, and whether the type of interruption...

In this paper, we specify and estimate a structurally dependent competing risks model for the transitions out of unemployment into either new job or recall. The recall probability is allowed to affect the search intensity for new jobs.

Social interactions have important consequences for labour market outcomes. Yet the growing literature has relied on indirect definitions of networks. We present the first evidence based on direct information on friends' networks. We address issues of correlated effects with instrumental...