Persistence of Individual Unemployment in Indonesia: Dynamic Probit Analysis from Panel SUSENAS 2008-2010
This paper presents a dynamic probit analysis of individual unemployment incidence using a panel survey on the National Socio-Economy (SUSENAS), 2008-2010. It compares a variety of dynamic random effects estimators, particularly focusing on the Heckman's (1981) and Wooldridge's (2005) app...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2016-07-01
|
| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/2511 |
| _version_ | 1797908243342688256 |
|---|---|
| author | Syamsul Hidayat Pasaribu |
| author_facet | Syamsul Hidayat Pasaribu |
| author_sort | Syamsul Hidayat Pasaribu |
| collection | DOAJ |
| description |
This paper presents a dynamic probit analysis of individual unemployment incidence using a panel survey on the National Socio-Economy (SUSENAS), 2008-2010. It compares a variety of dynamic random effects estimators, particularly focusing on the Heckman's (1981) and Wooldridge's (2005) approaches. The main result shows a strong evidence of persistence or state dependence of individual unemployment in Indonesia and therefore consistent with the theory of scar unemployment. This means that a person's unemployment experience has an implication to his/her future of labour market experience.
Keywords: persistent unemployment; state dependence; Heckman's estimator; Wooldridge's estimator
JEL Classifications: J64, J65, J68
|
| first_indexed | 2024-04-10T10:49:47Z |
| format | Article |
| id | doaj.art-3c79823f6485444d8901ee99b95a04bc |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T10:49:47Z |
| publishDate | 2016-07-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-3c79823f6485444d8901ee99b95a04bc2023-02-15T16:20:10ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-07-0163Persistence of Individual Unemployment in Indonesia: Dynamic Probit Analysis from Panel SUSENAS 2008-2010Syamsul Hidayat Pasaribu0Bogor Agricultural University This paper presents a dynamic probit analysis of individual unemployment incidence using a panel survey on the National Socio-Economy (SUSENAS), 2008-2010. It compares a variety of dynamic random effects estimators, particularly focusing on the Heckman's (1981) and Wooldridge's (2005) approaches. The main result shows a strong evidence of persistence or state dependence of individual unemployment in Indonesia and therefore consistent with the theory of scar unemployment. This means that a person's unemployment experience has an implication to his/her future of labour market experience. Keywords: persistent unemployment; state dependence; Heckman's estimator; Wooldridge's estimator JEL Classifications: J64, J65, J68 https://www.econjournals.com/index.php/ijefi/article/view/2511 |
| spellingShingle | Syamsul Hidayat Pasaribu Persistence of Individual Unemployment in Indonesia: Dynamic Probit Analysis from Panel SUSENAS 2008-2010 International Journal of Economics and Financial Issues |
| title | Persistence of Individual Unemployment in Indonesia: Dynamic Probit Analysis from Panel SUSENAS 2008-2010 |
| title_full | Persistence of Individual Unemployment in Indonesia: Dynamic Probit Analysis from Panel SUSENAS 2008-2010 |
| title_fullStr | Persistence of Individual Unemployment in Indonesia: Dynamic Probit Analysis from Panel SUSENAS 2008-2010 |
| title_full_unstemmed | Persistence of Individual Unemployment in Indonesia: Dynamic Probit Analysis from Panel SUSENAS 2008-2010 |
| title_short | Persistence of Individual Unemployment in Indonesia: Dynamic Probit Analysis from Panel SUSENAS 2008-2010 |
| title_sort | persistence of individual unemployment in indonesia dynamic probit analysis from panel susenas 2008 2010 |
| url | https://www.econjournals.com/index.php/ijefi/article/view/2511 |
| work_keys_str_mv | AT syamsulhidayatpasaribu persistenceofindividualunemploymentinindonesiadynamicprobitanalysisfrompanelsusenas20082010 |