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Who Loses in the Downturn? - Economic Crisis, Employment and Income Distribution (Hardcover)
Loot Price: R3,819
Discovery Miles 38 190
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Who Loses in the Downturn? - Economic Crisis, Employment and Income Distribution (Hardcover)
Series: Research in Labor Economics
Expected to ship within 12 - 17 working days
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Economic events such as the recent global economic crisis can have
substantial effects on the distribution of resources at the
individual and household levels. Identification of appropriate and
timely policy responses that support vulnerable groups is hampered
by how little is known about the likely patterns of losses early on
during the downturn. This volume contains fresh knowledge on the
effects of the economic downturn on employment and income
distribution. It contains 9 original research papers from both
Europe and the US, including illustrations of forward-looking
simulation methods that can be used before detailed data on actual
household experiences become available. These papers offer new
insights into issues such as how wages, employment and incomes are
affected by the crisis, which demographic groups are most
vulnerable in the recession, how well the welfare system protects
the newly unemployed and how consumption and income poverty change
over the business cycle.
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