Abstract
A social welfare function framework is applied to compare two demographic groups as to the severity of their unemployment experience. This is based on the assumption that for each individual the disutility of unemployment is an increasing and convex function of spell length. The suggested ranking criterion can be expressed conveniently in terms of the unemployment rate and the distribution function of interrupted spell lengths in the stock of unemployment.
| Original language | English |
|---|---|
| Pages (from-to) | 167-180 |
| Number of pages | 14 |
| Journal | Journal of Economics |
| Volume | 67 |
| DOIs | |
| Publication status | Published - May 1998 |
Fields of science
- 405002 Agricultural economics
- 502 Economics
- 502001 Labour market policy
- 502002 Labour economics
- 502003 Foreign trade
- 502009 Corporate finance
- 502010 Public finance
- 502012 Industrial management
- 502013 Industrial economics
- 502018 Macroeconomics
- 502020 Market research
- 502021 Microeconomics
- 502025 Econometrics
- 502027 Political economy
- 502039 Structural policy
- 502042 Environmental economics
- 502046 Economic policy
- 502047 Economic theory
- 504014 Gender studies
- 506004 European integration
- 507016 Regional economy
- 303010 Health economics
