On the measurement of unemployment
| Autor: | Anthony F. Shorrocks |
|---|---|
| Rok vydání: | 2008 |
| Předmět: |
Organizational Behavior and Human Resource Management
Labour economics education.field_of_study Sociology and Political Science media_common.quotation_subject Population Unemployment Econometrics Economics Unemployment rate Product (category theory) Duration (project management) education General Economics Econometrics and Finance media_common Public finance |
| Zdroj: | The Journal of Economic Inequality. 7:311-327 |
| ISSN: | 1573-8701 1569-1721 |
| DOI: | 10.1007/s10888-008-9089-9 |
| Popis: | This paper investigates how alternative measures of unemployment may be derived from information on unemployment duration. It begins by listing various properties that unemployment indices should satisfy, and shows how ‘duration profiles’ can usefully represent unemployment data. Theorem 1 establishes that unemployment indices are unanimous iff the duration profiles do not intersect. Two families of unemployment indices are examined in detail. Both allow unemployment to be decomposed across population subgroups. In addition, they can be expressed as the product of three components reflecting the contributions of the unemployment rate, mean unemployment duration, and differences in duration among the unemployed. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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