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Individual and household based aggregate measures of worklessness can, and do, offer conflicting signalsabout labour market performance. We outline a means of quantifying the extent of any disparity,(polarisation), in the signals stemming from individual and household-based measures of...
Persistent link: https://www.econbiz.de/10005670508
Relative poverty in the UK has risen massively since 1979 mainly because of increasing worklessness, rising earnings … dispersion and benefits indexed to prices, not wages. So poverty is now at a very high level. The economic forces underlying this … tail in the skill distribution, there is no practical possibility of policy reducing relative poverty to 1979 levels. …
Persistent link: https://www.econbiz.de/10005670627