Since 2014
(DP 2014-01) Just how good is unemployment as a measure of welfare? A policy note
UPSE Discussion Papers
View Archive Info| Field | Value | |
| Title |
(DP 2014-01) Just how good is unemployment as a measure of welfare? A policy note
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| Creator |
de Dios, Emmanuel S.
Dinglasan, Katrina |
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| Subject |
unemployment; underemployment; labour force; welfare; poverty
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| Description |
The government is rightly concerned with employment generation to make growth inclusive. The use of the open unemployment rate to measure its success, however, is misplaced. In a developing country with a large informal sector and in the absence of unemployment insurance, open unemployment is primarily a middle-class phenomenon: the unemployed are not predominantly poor, and the poor are not predominantly unemployed. Measures of productivity and shifts of labour across sectors may contain more information.JEL Codes: J21, I32
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| Publisher |
UPSE Discussion Papers
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| Contributor |
—
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| Date |
2014-01-03
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/1454
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| Source |
UPSE Discussion Papers; 2014
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/1454/920
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