Behind and beyond the (headcount) employment rate

Andrea Brandolini () and Eliana Viviano

No 965, Temi di discussione (Economic working papers) from Bank of Italy, Economic Research and International Relations Area

Abstract: This paper argues that we need more general statistical indices to analyse European labour markets. First, the paper discusses some normative aspects implicit in the current definition of the employment rate, which is a fundamental policy target in the new Europe 2020 strategy. Second, it proposes a class of generalised indices based on work intensity, as approximated by the total annual hours of work relative to a benchmark value. Third, it derives household-level employment indices within a consistent framework. These indices provide a more nuanced picture of the European labour markets, which better reflects the diversity in the use of part-time and fixed-term jobs as well as other factors affecting the distribution of work across and within households.

Keywords: employment rate; jobless household rate; work intensity (search for similar items in EconPapers)
JEL-codes: E24 J21 (search for similar items in EconPapers)
Date: 2014-07
New Economics Papers: this item is included in nep-eur, nep-lab, nep-lma and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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http://www.bancaditalia.it/pubblicazioni/temi-discussione/2014/2014-0965/965.pdf (application/pdf)

Related works:
Journal Article: Behind and beyond the (head count) employment rate (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:bdi:wptemi:td_965_14

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