Editions limited to:

clear all

A Welfare Loss Measure of Unemployment with an Empirical Illustration Paul, Satya

User activity

Send to:
View the summary of this work
Author
Paul, Satya
Subjects
labor supply ; unemployment ; 140199, Economic Theory not elsewhere classified
Summary
Based on interpersonal comparisons, a welfare loss measure of unemployment is developed. The proposed measure is additively decomposable which enables us to assess the group-specific contribution to aggregate welfare cost. It possesses certain other desirable properties. It is sensitive to unemployment rate, mean duration of unemployment and the relative differences in the duration of unemployment. Since all these can vary differently over the years and across regions, the proposed measure is most suitable for comparing the welfare cost of unemployment over a period of time or across regions. An empirical exercise based on the Australian labour force survey data illustrates the usefulness and an easy applicability of the proposed measure. 2001 C1 Yes
Bookmark
http://trove.nla.gov.au/work/1169093
Work ID
1169093

1 (out of 2) editions of this work

Find a specific edition

Limited to : eng . Remove limits to show all 2 editions

Thumbnail [View as table] [View as grid] Title, Author, Edition Date Language Format Libraries

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this work

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this work

Add a comment


Show comments and reviews from Amazon users