An investigation into the determinants of the South African unemployment rate, 1970-2002
From 1970 to 1977 unemployment in South Africa oscillated around a near-constant mean. Since 1983 unemployment has shown a definite upward trend defying the existence of a long-run natural rate. South African unemployment data exhibits signs of hysteresis, suggesting that long-run unemployment is e...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
University of the Free State
2008-12-01
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Series: | Acta Academica |
Online Access: | http://196.255.246.28/index.php/aa/article/view/1183 |