This was interpreted as: More household members entered the labour market to compensate for income losses (LSSCT) *
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This was interpreted as: More household members entered the labour market to compensate for income losses (LSSCT)*
This: implies that: Labour supply is counter-cyclical, that is it grows during stagnation and shrinks during economic growth (Escobar, 1996:549).
Labour Survival Strategies Current of ThoughtHousehold surveys were showing an increase in LFPR’s, despite the crisis
Standardised LFPR shows different trends than non-standardised LFPR.Second Evidence challenging LSSCT: Standardised Labour Data
Third Evidence (continued). And while the income poverty gap increased considerably between 1984 and 1989, the time poverty gap remained stagnant.