THE STUDY OF UNEMPLOYMENT IN BUSINESS PERSPECTIVE IN INDONESIA
DOI:
https://doi.org/10.59827/jfeb.v1i2.78Keywords:
Unemployment, poverty, business perspectiveAbstract
Unemployment in Indonesia is a problem with an urgency to provide a solution to improve social life. As unemployment increases, the poverty rate also increases. The purpose of this study is to identify and explain and overcome poverty and unemployment in Indonesian society. Efforts to reduce the unemployment rate and concomitantly reduce the poverty rate are equally important. The results of the study recommend that policy making in handling unemployment in Indonesia focuses more on microeconomic factors. This research is expected to contribute to the analysis of the unemployment rate in Indonesia in the study of business and microeconomics.
References
Adams-Prassl, A., Boneva, T., Golin, M., & Rauh, C. (2020). Inequality in the impact of the coronavirus shock: Evidence from real time surveys. Journal of Public Economics, 189, 104245. https://doi.org/https://doi.org/10.1016/j.jpubeco.2020.104245
Ahmad, M. F., & Kowalewski, O. (2021). Collective bargaining power and corporate cash policy. International Review of Law and Economics, 68, 106007. https://doi.org/10.1016/j.irle.2021.106007
Albanesi, S., & Kim, J. (2021). The gendered impact of the COVID-19 recession on the US labor market. National Bureau of Economic Research.
Bai, X., Chatterjee, A., Krishna, K., & Ma, H. (2021). Trade and minimum wages in general equilibrium: Theory and evidence. Journal of International Economics, 133, 103535. https://doi.org/10.1016/j.jinteco.2021.103535
Bai, Y., & Veall, M. R. (2023). Minimum wages and mental health: Evidence from Canada. SSM - Mental Health, 3(December 2022), 100187. https://doi.org/10.1016/j.ssmmh.2023.100187
Ball, L., Mankiw, N. G., Romer, D., Akerlof, G. A., Rose, A., & Sims, C. A. (1988). The New Keynesian Economics and the Output-. In Contract (Vol. 1988, Issue 1).
Barwick, P. J., Deng, Y., Huang, X., Li, S., & Li, T. (2020). COVID-19 Pandemic and Unemployment: Evidence from Mobile Phone Data in China. SSRN Electronic Journal, 135(January), 103543. https://doi.org/10.2139/ssrn.3755371
Bluedorn, J., Caselli, F., Hansen, N. J., Shibata, I., & Tavares, M. M. (2023). Gender and employment in the COVID-19 recession: Cross-Country evidence on “She-Cessions.” Labour Economics, 81(November 2022). https://doi.org/10.1016/j.labeco.2022.102308
Borowiec, A. A., & Drygas, W. (2022). Work-Life Balance and Mental and Physical Health among Warsaw Specialists, Managers and Entrepreneurs. International Journal of Environmental Research and Public Health, 20(1). https://doi.org/10.3390/ijerph20010492
BPS. (2022). Badan Pusat Statistik. Survei Angkatan Kerja Nasional (Sakernas). https://www.bps.go.id/indicator/6/1170/1/persentase-tenaga-kerja-formal-menurut-jenis-kelamin.html
Bui, D. G., Chen, Y. S., Hsu, H. H., & Lin, C. Y. (2020). Labor unions and bank risk culture: evidence from the financial crisis. Journal of Financial Stability, 51, 100782. https://doi.org/10.1016/j.jfs.2020.100782
Chang, K., Kim, Y. S., Li, Y., & Park, J. C. (2022). Labor unions and real earnings management. Journal of Corporate Finance, 75(July), 102242. https://doi.org/10.1016/j.jcorpfin.2022.102242
Greenwald, B. C., & Stiglitz, J. E. (1993). Financial Market Imperfections and Business Cycles*. The Quarterly Journal of Economics, 108(1), 77–114. https://doi.org/10.2307/2118496
Holzer, H. J., Hubbard, R. G., & Strain, M. R. (2021). Did pandemic unemployment benefits reduce employment? Evidence from early state-level expirations in June 2021.
Hoynes, H., Miller, D. L., & Schaller, J. (2012). Who suffers during recessions? Journal of Economic Perspectives, 26(3), 27–48. https://doi.org/10.1257/jep.26.3.27
Jia, Y. (George). (2023). Did the unemployment benefits extension between 2009–2013 deter entrepreneurship in the US? Some evidence and a model of unemployment benefits and entrepreneurship. Economic Modelling, 122(February), 106240. https://doi.org/10.1016/j.econmod.2023.106240
Korber, M., & Oesch, D. (2019). Vocational versus general education: Employment and earnings over the life course in Switzerland. Advances in Life Course Research, 40(November 2017), 1–13. https://doi.org/10.1016/j.alcr.2019.03.003
Layard, R., Nickell, S., & Jackman, R. (1991). Unemployment: Macroeconomic Performance and the Labour Market. Oxford University Press. https://econpapers.repec.org/RePEc:oxp:obooks:9780198284345
Lazear, E. P. (1990). Job Security Provisions and Employment*. The Quarterly Journal of Economics, 105(3), 699–726. https://doi.org/10.2307/2937895
Liotti, G. (2022). Labour Market Regulation and Youth Unemployment in the EU-28. Italian Economic Journal, 8(1), 77–103. https://doi.org/10.1007/s40797-021-00154-3
Lyu, H., Dong, Z., Roobavannan, M., Kandasamy, J., & Pande, S. (2019). Rural unemployment pushes migrants to urban areas in Jiangsu Province, China. Palgrave Communications, 5(1). https://doi.org/10.1057/s41599-019-0302-1
Mankiw, N. G. (2020). Principles of macroeconomics. Cengage learning.
Mayneris, F., Poncet, S., & Zhang, T. (2018). Improving or disappearing: Firm-level adjustments to minimum wages in China. Journal of Development Economics, 135(March 2017), 20–42. https://doi.org/10.1016/j.jdeveco.2018.06.010
Reizer, B. (2022). Employment and Wage Consequences of Flexible Wage Components. Labour Economics, 78(August). https://doi.org/10.1016/j.labeco.2022.102256
Simmons, M. (2023). Job-to-job transitions, job finding and the ins of unemployment. Labour Economics, 80(November 2022), 102304. https://doi.org/10.1016/j.labeco.2022.102304
Trotta Vianna, M. (2023). Business cycle theories after Keynes: A brief review considering the notions of equilibrium and instability. Structural Change and Economic Dynamics, 64(November 2022), 134–143. https://doi.org/10.1016/j.strueco.2022.12.004
Wang, C., & Yang, Y. (2023). On the pure theory of wage dispersion. Review of Economic Dynamics, 47(71850002), 246–277. https://doi.org/10.1016/j.red.2022.02.003
