New evidence on subjective well-being and the definition of unemployment in South Africa

 

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dc.creator Lloyd, Neil
dc.creator Leibbrandt, Murray
dc.date 2014-06-04T13:05:30Z
dc.date 2014-06-04T13:05:30Z
dc.date 2014
dc.date.accessioned 2015-05-28T10:06:37Z
dc.date.available 2015-05-28T10:06:37Z
dc.date.issued 2015-05-28
dc.identifier Lloyd, N. & Leibbrandt, M. (2014). New evidence on subjective well-being and the definition of unemployment in South Africa, Development Southern Africa, 31(1): 85-105.
dc.identifier http://www.tandfonline.com/doi/full/10.1080/0376835X.2013.864513#.U48ZBvnoQ24
dc.identifier http://hdl.handle.net/11090/705
dc.identifier.uri http://hdl.handle.net/11090/705
dc.description Access to new nationally representative, individual-level panel data from South Africa has allowed for the revalidation of Kingdon and Knight's discussion on the definition of unemployment. This paper investigates subjective well-being as a measure of comparison between labour-market statuses. It finds that on the grounds of subjective well-being the non-searching unemployed (or ‘discouraged’) are significantly worse-off than the not economically active. Moreover, evidence suggests that, with regard to the relationship between life satisfaction and labour-market status, the non-searching unemployed consistently are the worst-off. This is especially true of both the young and senior non-searching unemployed; however, the findings are largely driven by the African subsample. This paper does not advocate for a change in the official definition of unemployment but does advocate for the inclusion and recognition of the non-searching unemployed in policy relating to labour and development in South Africa.
dc.language en
dc.publisher Development Southern Africa
dc.subject NIDS
dc.subject Panel data analysis
dc.subject Unemployment
dc.subject Labour markets
dc.subject Discouraged workers
dc.subject Non-searching unemployed
dc.subject Subjective well-being
dc.title New evidence on subjective well-being and the definition of unemployment in South Africa
dc.type Journal Article
uct.type.publication Research en_ZA
uct.type.resource Article en_ZA
dc.publisher.institution University of Cape Town
dc.publisher.faculty Faculty of Commerce en_ZA
dc.publisher.department SALDRU en_ZA
dc.identifier.ris TY - Journal Article DA - 2015-05-28 DB - OpenUCT DP - University of Cape Town KW - NIDS KW - Panel data analysis KW - Unemployment KW - Labour markets KW - Discouraged workers KW - Non-searching unemployed KW - Subjective well-being LK - https://open.uct.ac.za PB - University of Cape Town PY - 2015 T1 - New evidence on subjective well-being and the definition of unemployment in South Africa TI - New evidence on subjective well-being and the definition of unemployment in South Africa UR - http://hdl.handle.net/11090/705 ER - en_ZA


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