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Education and Lifetime Patterns of Unemployment

Stephen Nickell

Journal of Political Economy 1979

The relationship between education and unemployment incidence, although theoretically clear-cut, has rarely been quantified. Some estimates of this relationship are obtained for Britain, and these are split into the impact of schooling and qualifications on the probability of entering unemployment and on the expected duration of spells within that state. Finally, estimates of the rate of return to schooling are adjusted to take account of unemployment incidence.

DOI
10.1086/260825
Volume
87 (5, Part 2)
Pages
S117-S131
Language
en
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