Worklife and Unemployment: A New Consideration
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Abstract Do traditional two-state worklife estimates need adjustment for unemployment? To answer, an augmented three-state model classifies individuals as either 1) employed; 2) unemployed; or 3) inactive but not marginally attached. Periods of unemployment may reduce worklives; however, removal of those marginally attached or discouraged from the inactive state raises worklives. The three-state model results are compared to worklife estimates from the same initial data using the traditional two-state model. Results show that in many cases, the two-state model results are a good proxy for the three-state results that control for unemployment.
2005 ◽
Vol 16
(08)
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pp. 1311-1317
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2015 ◽
Vol 113
(1)
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pp. 328-338
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2019 ◽
Vol 151
(11)
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pp. 1265-1271
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1989 ◽
Vol 54
(2)
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pp. 536-543
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1980 ◽
Vol 255
(8)
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pp. 3558-3564
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