South Africa : Labor Market Dynamics and Inequality /

This paper analyzes the determinants of high unemployment in South Africa by studying labor market dynamics using individual level panel data from the Quarterly Labor Force Survey. While prior work experience and gender are found to be important determinants of the job-finding rate, education attain...

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Xehetasun bibliografikoak
Egile nagusia: Anand, Rahul
Beste egile batzuk: Kothari, Siddharth, Kumar, Naresh
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2016.
Saila:IMF Working Papers; Working Paper ; No. 2016/137
Sarrera elektronikoa:Full text available on IMF
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100 1 |a Anand, Rahul. 
245 1 0 |a South Africa :   |b Labor Market Dynamics and Inequality /  |c Rahul Anand, Siddharth Kothari, Naresh Kumar. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2016. 
300 |a 1 online resource (37 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper analyzes the determinants of high unemployment in South Africa by studying labor market dynamics using individual level panel data from the Quarterly Labor Force Survey. While prior work experience and gender are found to be important determinants of the job-finding rate, education attainment and race are important determinants of the job-exit rate. Using stock-flow equations, counterfactual exercises are conducted to quantify the role of these different transition rates on unemployment. The paper also explores the contribution of unemployment towards inequality. Reducing unemployment is found to be important for reducing inequality - estimates suggest that a 10 percentage point reduction in unemployment lowers the Gini coefficient by 3 percent. Achieving a similar reduction solely through transfers would require a 40 percent increase in government transfers. 
538 |a Mode of access: Internet 
700 1 |a Kothari, Siddharth. 
700 1 |a Kumar, Naresh. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2016/137 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2016/137/001.2016.issue-137-en.xml  |z IMF e-Library