Journal article
An Equity-based Redefinition of Underemployment and Unemployment and Some Measurements
Review of social economy, v 59(2)
01 Jun 2001
Abstract
An attempt is made in this article to redefine underemployment and unemployment without making reference to an excess supply of labor or any causal mechanism of unemployment. Instead, underemployment and unemployment are defined in terms of equity which draws upon the individual's preferences. A specific proposal is that underemployment be defined by the presence of contribution inequity relative to at least half the persons employed in a field that the underemployed person might prefer to move into. Empirically, most recent survey data on preferences for contingent and other nontraditional employment are used to illustrate the application of the concept. The major finding is that nearly 10 million Americans in the nontraditional workforce are underemployed.
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1 citations in Scopus
Details
- Title
- An Equity-based Redefinition of Underemployment and Unemployment and Some Measurements
- Creators
- Bijou Yang LesterRoger A. McCain
- Publication Details
- Review of social economy, v 59(2)
- Publisher
- Taylor & Francis Group
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics); [Retired Faculty]
- Scopus ID
- 2-s2.0-85023715624
- Other Identifier
- 991019173890504721