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Unemployment and economic welfare
David Andolfatto ()
Paul Gomme , 1998, issue Q III, pages 25-34
Economic Review Abstract:
Statistics that measure labor market activity are often interpreted as measures of economic performance and social well being. This article demonstrates that such interpretations are not justified in the absence of information concerning the economic circumstances that determine individual labor market choices.
Keywords: Unemployment; Labor market (search for similar items in EconPapers)
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Related works: Working Paper: Unemployment and Economic Welfare (1999) This item may be available elsewhere in EconPapers: Search for items with the same title.
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Persistent link: http://EconPapers.repec.org/RePEc:fip:fedcer:y:1998:i:qiii:p:25-34:n:v.34no.3
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