Labor market dynamics in Slovenia: transitions from unemployment
Labor market dynamics in Slovenia: transitions from unemployment

Summary/Abstract: The rate of transition out of unemployment in Slovenia in the 19741994 period is estimated, using retrospective longitudinal individuallevel data and event history methods. Unemployment episodes are on the average very long and - as a rule - terminate in (re)employment rather than inactivity. The model specification allows the hazard rate to vary with the duration; the baseline rate first tends to increase and then decrease over time. Schooling has a significant positive effect on the escape rate, whereas gender has no effect on unemployment duration. Also the previous incidence of unemployment has no effect on the hazard rate. Results indicate a considerable dynamics in the Slovenian labor market during the transition period.

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