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Are there Regional Variations in the Psychological Cost of Unemployment in South Africa? Author info | Abstract | Publisher info | Download info | Related research | Statistics Nattavudh Powdthavee (The University of Warwick)
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Are certain groups of unemployed individuals hurt less by unemployment than others? This paper is an attempt to test the hypothesis that non- pecuniary costs of unemployment may vary between societies with different unemployment rates. Using cross-sectional data from the SALDRU93 survey, we show that individuals’ reported well-being levels are inversely related to unemployment for South African adults as to be expected in richer countries. Reported well-being levels are shown to be associated negatively with regional unemployment rates for the employed. However, unemployment appears to hurt less for the individual if unemployment rates in the society are high.
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Paper provided by EconWPA in its series Labor and Demography with number
0310006.
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Length: 33 pages
Date of creation: 27 Oct 2003Date of revision:
28 Oct 2003Handle: RePEc:wpa:wuwpla:0310006Note: Type of Document - pdf; prepared on WinXP; pages: 33; figures: 2Contact details of provider: Web page: http://129.3.20.41
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Keywords: Happiness ; Quality of Life ; Unemployment ; Social Norm ; South Africa ; Other versions of this item:
Find related papers by JEL classification: J60 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - General I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General O55 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Africa
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