Market Failure, Human Capital, and Job Search Dynamics in South Africa: The Case of Duncan Village

Patrick Duff and David Fryer ()
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David Fryer: Department of Economics and Economic History, Rhodes University

Working Papers from University of Cape Town, Development Policy Research Unit

Abstract: This paper argues that the economic literature on unemployment and poverty in South Africa has under-explored potentially important feedback mechanisms which, because they serve to change the structure of labour markets and affect human capital trajectories, serve to endogenise labour market exclusion. Using a tailor-made database from Duncan Village, East London, this paper probes such processes, focussing around the question of job search. The evidence presented suggests that endogenous factors generating labour market exclusion are important in locking-in exclusion, and suggests that macro-micro linkages need to be further considered.

Keywords: South Africa: macro-micro linkages; unemployment and poverty (search for similar items in EconPapers)
JEL-codes: A1 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2005-09
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Citations: View citations in EconPapers (2)

Published in Working Paper Series by the Development Policy Research Unit, September 2005, pages 1-35

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http://hdl.handle.net/11427/7365 First version, 2005 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:ctw:wpaper:05098

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