Unemployment and household values: Distribution sensitive measures of unemployment

Patrick Nolen

Labour Economics, 2013, vol. 24, issue C, 354-362

Abstract: Headcount measures have been criticized as potentially inadequate when looking at changes in poverty or literacy over time or in determining the success of particular public policies. In this paper I argue that using the headcount measure of unemployment can be misleading as well. I utilize an externality argument similar to the one used in the literacy debate and provide a class of measures that capture externalities of employment.

Keywords: Unemployment; Externalities; Networks; South Africa (search for similar items in EconPapers)
JEL-codes: D63 J64 O47 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:labeco:v:24:y:2013:i:c:p:354-362

DOI: 10.1016/j.labeco.2012.07.008

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