Unemployent Duration and Measurement of Unemployment

Manimay Sengupta

No 262935, Department of Economics Discussion Papers from University of Canterbury - New Zealand

Abstract: We propose an unemployment measure that provides an index of the concentration of unemployment among the unemployed. A set of axioms are used to derive the unemployment measure. The measure is shown to satisfy a number of desirable properties that relate to the sensitivity of an unemployment measure to the inequality in the distribution of the unemployment.

Keywords: Agribusiness; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 40
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Persistent link: https://EconPapers.repec.org/RePEc:ags:canzdp:262935

DOI: 10.22004/ag.econ.262935

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