The accumulation of human capital and the sectoral shifts hypothesis for different age groups

Kei Sakata, Colin R Mckenzie

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

This paper examine Lilien's sectoral shifts hypothesis for Japan for different age cohorts. Previous studies of the sectoral shifts hypothesis for Japan have for the most part concentrated on the relationship between aggregate unemployment and sectoral shifts, and are typically not supportive of the hypothesis. However, recent increases in the unemployment rates of the young and the aged suggest a need to reexamine the hypothesis for different age groups. It is found that sectoral shifts have a short-term positive effect on the unemployment of aged male workers, and that the effects increase in times of recession.

Original languageEnglish
Pages (from-to)459-465
Number of pages7
JournalMathematics and Computers in Simulation
Volume64
Issue number3-4
DOIs
Publication statusPublished - 2004 Feb 11

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Human Capital
Unemployment
Japan
Age groups
Sectoral shifts
Human capital

Keywords

  • Age cohort effects
  • Generated regressors
  • Sectoral shifts hypothesis
  • Time series analysis
  • Unemployment

ASJC Scopus subject areas

  • Information Systems and Management
  • Control and Systems Engineering
  • Applied Mathematics
  • Computational Mathematics
  • Modelling and Simulation

Cite this

The accumulation of human capital and the sectoral shifts hypothesis for different age groups. / Sakata, Kei; Mckenzie, Colin R.

In: Mathematics and Computers in Simulation, Vol. 64, No. 3-4, 11.02.2004, p. 459-465.

Research output: Contribution to journalArticle

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