The interrelated dynamics of unemployment and low‐wage employment
研究失业的持续性以及低工资就业在其中扮演的角色，发现低工资工作对未来前景的负面影响几乎与失业一样大，且低工资工作是重复失业的主要渠道。
Abstract This paper examines the extent of state dependence in unemployment and the role played in this by intervening low‐wage employment. A range of dynamic random and fixed‐effects estimators are compared. Low‐wage employment is found to have almost as large an adverse effect as unemployment on future prospects and the difference in their effects is found to be insignificant. Evidence is presented that low‐wage jobs act as the main conduit for repeat unemployment and considerably increases its probability. Obtaining a higher‐wage job reduces the increased risk of repeat unemployment to insignificance. Copyright © 2007 John Wiley & Sons, Ltd.