An illfare approach to the measurement of unemployment

Satya Paul*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

20 Citations (Scopus)

Abstract

Based on an illfare approach, a new index of unemployment is proposed which, unlike the traditional measures, takes into account the incidence of unemployment, mean duration of unemployment, and the disparity in the distribution of the burden of unemployment. The proposed measure is most relevant for comparing levels of unemployment across regions or over a period of time. An illustration with US data is presented.

Original languageEnglish
Pages (from-to)739-743
Number of pages5
JournalApplied Economics
Volume24
Issue number7
DOIs
Publication statusPublished - Jul 1992
Externally publishedYes

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