Social interactions and unemployment

Arbeitspapier

This paper is concerned with social interactions and their importance for unemployment. A theoretical model is specified in which the psychological costs of unemployment depend upon the unemployment level. The analysis reveals social multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24-year-olds living in Stockholm during the 1990s are used to test hypotheses from the model. The results show that individuals’ transition rates out of unemployment is strongly influenced by the unemployment level within their neighborhoods.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 2003:15

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Unemployment: Models, Duration, Incidence, and Job Search ; Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
• Thema: Social interactions ; social norms ; social multipliers ; unemployment

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Hedström, Peter ; Kolm, Ann-Sofie ; Åberg, Yvonne
• Ereignis: Veröffentlichung
• (wer): Institute for Labour Market Policy Evaluation (IFAU)
• (wo): Uppsala
• (wann): 2003

Weitere Informationen

• Handle: http://hdl.handle.net/10419/82168
• Letzte Aktualisierung: 20.09.2024, 08:25 MESZ