DOES ECONOMIC STAGNATION AFFECT UNEMPLOYED WORKERS, EVEN WHEN RE-EMPLOYED

The present analysis concentrates on shortterm effects of unemployment , namely on the transition from unemployment to reemployment. This emp irical analysis estimates the post-unemployment individual earnings us ing a double-selectivity approach (unemployment risk and the reemploym ent probability). The data used in this paper are taken from five wave s of the Swiss Labour Force Survey which has been collected by the Swi ss Statistical Office since 1991.