Youth unemployment hysteresis in South Africa: Macro-micro analysis

Asiya Maskaeva and Mgeni Msafiri

No wp-2021-20, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This study simulates the macro-micro economic impacts of the employment policy, focusing on hysteresis in youth unemployment in South Africa. Specifically, we apply a dynamic computable general equilibrium model to calibrate the 2015 South African Social Accounting Matrix to estimate, compare, and determine the impact of employment policy on youth unemployment as well as on aggregate economic outcomes. We simulate two scenarios where we reduce the import price of fuel by 20 per cent.

Keywords: Computable general equilibrium; Youth unemployment; Employment policy; South Africa (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-cmp and nep-mac
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2021-20

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