Bicakova, Alena - Department of Economics, European University Institute - 2006
, employment, unemployment, and inactivity in France, the UK, and the US between 1990 and 2002. The results provide clear evidence … an increase in the inactivity rate. We find that wage elasticity of labor force participation is positive and significant …-off between unemployment on one hand, and wage inequality and inactivity on the other. …