Why Has Unemployment Risen in the New South Africa / Abhijit Banerjee, Sebastian Galiani, Jim Levinsohn, Zoë McLaren, Ingrid Woolard.

Format:

Book

Author/Creator:

Banerjee, Abhijit.

Contributor:

National Bureau of Economic Research.

Galiani, Sebastian.

Levinsohn, Jim.

McLaren, Zoë.

Woolard, Ingrid.

Series:

Working Paper Series (National Bureau of Economic Research) no. w13167.

NBER working paper series no. w13167

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2007.

Summary:

We document the rise in unemployment in South Africa since the transition in 1994. We describe the likely causes of this increase and analyze whether the increase in unemployment is due to structural changes in the economy (resulting in a new equilibrium unemployment rate) or to negative shocks (that temporarily have increased unemployment). We conclude the former are more important. Our analysis includes a multinomial logit approach to understanding transitions in individual-level changes in labor market status using the first nationally representative panel in South Africa. Our analysis highlights several key constraints to addressing unemployment in South Africa.

Notes:

Print version record

June 2007.