This article pays attention to youth unemployment as one of the most serious socioeconomic challenges in South Africa. The nature of unemployment in South Africa is followed by a discussion on the interconnectedness between unemployment and poverty. The psychological and theological meaning of work is discussed in short, followed by the psychological effect of unemployment. In order to indicate...

At present, China is facing long-term serious employment pressure. The unemployment insurance system, as the most important institutional arrangement for workers to obtain employment, is one of the fundamental means to reduce unemployment. The key to easing employment tension is how to improve the construction of unemployment insurance system and achieve the effects of promoting employment. Thi...

In this paper we study the effects of unemployment benefit duration and the business cycle on unemployment duration. We construct durations for individuals entering unemployment from a longitudinal sample of Spanish men in 1987–94. Estimated discrete hazard models indicate that receipt of unemployment benefits significantly reduces the hazard of leaving unemployment. At durations of three month...

This paper explores the relationships behind previous findings that Federal Reserve interest rate policies have a larger impact on black unemployment compared to white unemployment. Most earlier studies employ a VAR methodology, which does not, however, permit a structural analysis of key relationships. This paper accounts for the endogeneity of unemployment, inflation, and the federal funds ra...

We formulate nominal wage adjustment by incorporating various concepts of fairness. By applying it into a continuous-time money-in-utility model we examine macroeconomic dynamics with and without a liquidity trap and obtain the condition for persistent unemployment, and that for temporary unemployment, to occur. These conditions turn out to be critical, since policy implications significantly d...

If the Mortensen and Pissarides model with efficient bargaining is calibrated to replicate the fluctuations of unemployment over the business cycle, it implies a far too strong rise of the unemployment rate when unemployment benefits rise. This paper explores an alternative, right-to-manage bargaining scheme. This also generates the right degree of fluctuations of unemployment but at the same t...

The paper develops an overlapping generations model that highlights interactions between social security, unemployment and growth.The social security system has two components: old age pensions and unemployment insurance. Pensions have a direct effect on economic growth. Both pensions and unemployment benefits influence equilibrium unemployment caused by wage bargaining. Since unemployment impa...

BACKGROUND Little is known about the possible long-term health consequences of youth unemployment. Research indicates that unemployment may lead to socioeconomic downward mobility and mental health problems, but we still lack knowledge of the long-term health consequences of youth unemployment. This article examines the potential long-term association between youth unemployment and functional s...

UNLABELLED Unemployment and health selection in diverging economic conditions: Compositional changes? Evidence from 28 european countries. INTRODUCTION People with ill health tend to be overrepresented among the unemployment population. The relationship between health and unemployment might, however, be sensitive to the overall economic condition. Specifically, the health composition of the u...

Do Unemployment Benefits Increase Unemployment? New Evidence on an Old Question We examine the relationship between unemployment benefits and unemployment using Swedish regional data. To estimate the effect of an increase in unemployment insurance (UI) on unemployment we exploit the ceiling on UI benefits. The benefit ceiling, coupled with the fact that there are regional wage differentials, im...