Why has unemployment risen in the new South Africa?
By: Abhijit Banerjee ... [et al.]
Contributors: Banerjee, Abhijit V.; National Bureau of Economic Research.
Series: NBER working paper series -- no. 13167.; Working paper series (National Bureau of Economic Research) -- working paper no. 13167.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, Mass
Language: eng
Number of pages: 60
Subjects: Unemployment -- South Africa -- 20th century -- Econometric models; South Africa -- Economic conditions -- 20th century
Description: "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."--abstract.
Notes: "June 2007"

Includes bibliographical references (p. 57-58).

Also available in PDF from the NBER World Wide Web site (www.nber.org).