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...

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Pubblicato in:Philippine Review of Economics Vol. 52, no. 2 (Dec. 2015), 234-245
Autore principale: De Dios, Emmanuel S.
Altri autori: Dinglasan, Katrina
Natura: Articolo
Lingua:English
Pubblicazione: 2015
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