Labour Rationing, Involuntary Unemployment, Underemployment, and Malemployment. A Conceptual Elucidation

Michel De Vroey

No 1991019, LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

Abstract: The basic claim of this paper is that the debate on involuntary unemployment has been blurred by a series of conceptual confusions. As a remedy, a twofold distinction is advocated. One is between involuntary unemployment and underemployment which, it is argued, are mutually exclusive concepts. Keynes’ failure to make this distinction as well as the present persistence of the confusion, are documented. The second distinction is between labour rationing and involuntary unemployment, the former being a necessary yet insufficient condition for the latter. Labour rationing without involuntary unemployment is here labelled malemployment.

Keywords: unemployment (search for similar items in EconPapers)
Pages: 33
Date: 1991-10-01
References: Add references at CitEc
Citations:

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:ctl:louvir:1991019

Access Statistics for this paper

More papers in LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) Place Montesquieu 3, 1348 Louvain-la-Neuve (Belgium). Contact information at EDIRC.
Bibliographic data for series maintained by Virginie LEBLANC ().