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- W2594483269 abstract "Will the current employment crisis produce lost generations with permanently lower labour market attachment? Taking an explicit cohort perspective and based on Danish data we do not find strong persistence in employment rates at the cohort level. Younger workers tend to be more exposed to business cycle fluctuations than older workers, but importantly they recover more quickly from such set-backs than older workers for whom persistence is stronger. Moreover, no cohorts have been permanently scarred due to a sequence of adverse shocks. Finally, an explicit 1We gratefully acknowledge comments and suggestions from Mette Verner, Frank Walsh and participants at CAFE, ESPE, EEA meetings (2013), ESSLE (2014) and the conference on Labour Markets During Crises, Maynooth 2014. Corresponding author: Jonas Maibom, Department of Economics and Business, Aarhus University, Denmark, maibom@econ.au.dk" @default.
- W2594483269 created "2017-03-16" @default.
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- W2594483269 date "2015-01-01" @default.
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- W2594483269 title "Structural and Empirical Analysis of the Labour Market" @default.
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