Unemployment and Vulnerability: A Class of Distribution Sensitive Measures, its Axiomatic Properties, and Applications

Kaushik Basu () and Patrick Nolen
Additional contact information
Kaushik Basu: Cornell University

A chapter in Rational Choice and Social Welfare, 2008, pp 237-258 from Springer

Abstract: Traditional measures of unemployment were only concerned with the total number of people unemployed. In recent years such measures have come under criticism for ignoring those who may not currently be unemployed but are vulnerable, that is, they live under the risk of becoming unemployed (see Cunningham and Maloney (2000), Glewwe and Hall (1998), Thorbecke (2003)). Alongside this criticism a small but rapidly growing literature is emerging that looks at various aspects of vulnerability and tries to measure it (Amin, Rai, and Topa (2003), Ligon and Schechter (2003), Pritchett, Suryahadi, and Sumarto (2000)).1

Keywords: Unemployment Rate; Nash Bargaining Solution; Unemployed Person; Unemployment Spell; Income Mobility (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (6)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
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:spr:stcchp:978-3-540-79832-3_13

Ordering information: This item can be ordered from
http://www.springer.com/9783540798323

DOI: 10.1007/978-3-540-79832-3_13

Access Statistics for this chapter

More chapters in Studies in Choice and Welfare from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().