Browsing by Author "Thompson, V. Wesley"
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- ItemProfiling long-term unemployment utilising the logit model : a New Zealand case study : a thesis presented in partial fulfilment of the requirements for the degree of Master of Applied Economics at Massey University(Massey University, 2001) Thompson, V. WesleyThis study attempts to fit the logit model to a random sample of data compiled by the New Zealand Employment Service on individuals who have completed unemployment spells, over the period 1988-1997. The objective is to estimate the probability that an individual job seeker, with a certain set of personal attributes, will become long-term unemployed. The regression results are consistent with a priori expectations. However, the predictive power of the model is low, lending support to conclusions from other empirical studies that have used other approaches to modelling long-term unemployment in New Zealand. That is, the current set of personal attributes on which data arc collected in New Zealand are inadequate for modelling long-term unemployment.
