Unemployment Experiences of Young Men: on the Road to Stable Employment?*
研究1982年至1998年英国年轻男性的失业经历，发现反复失业是常态，约73%的人在35岁前找到稳定工作，但低技能者中27%持续失业，表明针对性的就业培训能带来长期收益。
Abstract This study examines the unemployment experiences of young men in the United Kingdom over the period 1982.IV–1998.I. The empirical results show that repeated unemployment is a dominant feature of the UK labour market and that individual heterogeneity affects mainly the incidence of unemployment and only to a much lesser extent the duration of unemployment. We estimate that about 73% of the young unemployed find stable employment before the age of 35. The remaining 27%, concentrated among the lower‐skilled, keep returning into unemployment, suggesting structural employment instability. These findings imply that a labour market programme targeted at increasing the employability of the young unemployed would yield long‐term benefits by not only getting them out of unemployment but also keeping them out of unemployment.