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An illfare approach to the measurement of unemployment: comment on Paul (1992)

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  • Martin Riese

Abstract

It is shown, that the unemployment index proposed by Paul (Applied Economics, 24, 1992) implies unwarranted results as to the disparity of unemployment duration. This is due to the usage of the concept of 'interrupted spell length of the stock' as the duration measure. Replacing this concept by the 'complete spell length in a cohort' allows to construct a consistent and superior index.

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  • Martin Riese, 1999. "An illfare approach to the measurement of unemployment: comment on Paul (1992)," Applied Economics Letters, Taylor & Francis Journals, vol. 6(5), pages 279-281.
    • Handle: RePEc:taf:apeclt:v:6:y:1999:i:5:p:279-281
    DOI: 10.1080/135048599353221
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    References listed on IDEAS

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    1. Shorrocks, Anthony F, 1993. "On the measurement of unemployment," Economics Discussion Papers 10017, University of Essex, Department of Economics.
    2. Stephen W. Salant, 1977. "Search Theory and Duration Data: A Theory of Sorts," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 91(1), pages 39-57.
    3. Saul, S., 1992. "An Illfare Approach to the Measurement of Unemployment," Papers e9204, Western Sydney - School of Business And Technology.
    4. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
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