02008cas a2200265 a 4500 AALejournalIMF016950 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498358934 1018-5941 BD-DhAAL BD-DhAAL Anand, Rahul. South Africa : Labor Market Dynamics and Inequality / Rahul Anand, Siddharth Kothari, Naresh Kumar. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (37 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyzes the determinants of high unemployment in South Africa by studying labor market dynamics using individual level panel data from the Quarterly Labor Force Survey. While prior work experience and gender are found to be important determinants of the job-finding rate, education attainment and race are important determinants of the job-exit rate. Using stock-flow equations, counterfactual exercises are conducted to quantify the role of these different transition rates on unemployment. The paper also explores the contribution of unemployment towards inequality. Reducing unemployment is found to be important for reducing inequality - estimates suggest that a 10 percentage point reduction in unemployment lowers the Gini coefficient by 3 percent. Achieving a similar reduction solely through transfers would require a 40 percent increase in government transfers. Mode of access: Internet Kothari, Siddharth. Kumar, Naresh. IMF Working Papers; Working Paper ; No. 2016/137 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/137/001.2016.issue-137-en.xml IMF e-Library