Just how good is unemployment as a measure of welfare? A note
Governments are rightly concerned with employment generation to make growth inclusive. The use of the open unemployment rate to measure success, however, may be misplaced. In a developing country like the Philippines, with a large informal sector and in the absence of unemployment insurance, open un...
| Published in: | Philippine Review of Economics Vol. 52, no. 2 (Dec. 2015), 234-245 |
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| Format: | Article |
| Language: | English |
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2015
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