Why has unemployment risen in the New South Africa?1
Abhijit Banerjee,
Sebastian Galiani,
Jim Levinsohn,
Zoë McLaren and
Ingrid Woolard
The Economics of Transition, 2008, vol. 16, issue 4, 715-740
Abstract:
We document the rise in unemployment in South Africa since the transition in 1994. We describe how changes in labour supply interacted with stagnant labour demand to produce unemployment rates that peaked between 2001 and 2003. Meanwhile, compositional changes in employment at the sectoral level widened the gap between the skill‐level of the employed and the unemployed. Using nationally representative panel data, we show that stable unemployment rates mask high individual‐level transition rates in labour market status. Our analysis highlights several key constraints to addressing unemployment in South Africa. We conclude that unemployment is near equilibrium levels and is unlikely to self‐correct without policy intervention.
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (89)
Downloads: (external link)
https://doi.org/10.1111/j.1468-0351.2008.00340.x
Related works:
Working Paper: Why Has Unemployment Risen in the New South Africa (2007) 
Working Paper: Why Has Unemployment Risen in the New South Africa? (2006) 
Working Paper: Why Has Unemployment Risen in the New South Africa? (2006) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bla:etrans:v:16:y:2008:i:4:p:715-740
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0967-0750
Access Statistics for this article
The Economics of Transition is currently edited by Philippe Aghion and Wendy Carlin
More articles in The Economics of Transition from The European Bank for Reconstruction and Development Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().