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The conventional approach of economists to the measurement of poverty in poor countries is to use measures of income or consumption. This has been challenged by those who favour broader criteria for poverty and its avoidance. These include the fulfilment of `basic needs`, the `capabilities` to...
Persistent link: https://www.econbiz.de/10010605024
The conventional approach of economists to the measurement of poverty in poor countries is to use measures of income or consumption. This has been challenged by those who favour broader criteria for poverty and its avoidance. These include the fulfilment of `basic needs`, the `capabilities` to...
Persistent link: https://www.econbiz.de/10010605052
It is commonly claimed that the South African labor market is unusually inflexible owing to the strength of the unions and the system of centralized collective bargaining. One aspect of labor market inflexibility concerns the responsiveness of wages to local unemployment. Examining this spatial...
Persistent link: https://www.econbiz.de/10010605106
Persistent link: https://www.econbiz.de/10010605119
Using a South African data set, the paper poses six questions about the determinants of subjective well-being. Much of the paper is concerned with the role of relative concepts. We find that comparator income – measured as average income of others in the local residential cluster - enters the...
Persistent link: https://www.econbiz.de/10010605202
South Africa’s unemployment rate is one of the highest in the world, and it has important distributional implications. The paper examines the incidence of unemployment using two national household surveys for the mid-1990s. Both entry to unemployment and the duration of unemployment are...
Persistent link: https://www.econbiz.de/10010605257
A large amount of recent evidence finds a negative relationship between local unemployment and wages in OECD countries, a relationship christened a ‘wage curve’. This contradicts the conventional model of the labour market in which high unemployment regions have higher wages to compensate...
Persistent link: https://www.econbiz.de/10010605262
Broadly and narrowly measured unemployment rates differ very markedly in certain countries, and the measure chosen to be the ‘official’ unemployment rate affects perceptions about the extent of the problem. The appropriate measure of the unemployment rate depends on...
Persistent link: https://www.econbiz.de/10011146250
Persistent link: https://www.econbiz.de/10013437309
Persistent link: https://www.econbiz.de/10013437343