social contacts. We show that an improvement in the employment status of either an agent's direct or indirect contacts leads … to an increase in the agent's employment probability and expected wages, in the sense of first order stochastic dominance … show that employment is positively correlated across time and agents, and the same is true for wages. Moreover …

the future. Unemployment benefits do not only depend on an agent’s employment history, but also on the skills reported by …

wages invariably reduce employment. We develop a model of \emph{monopsonistic competition} with \emph{free entry} to analyze … find that a rise in the minimum wage a) raises employment per firm, b) causes firm exit, c) may increase or reduce industry … employment. Minimum wages increase welfare if they raise industry employment, but welfare effects are ambiguous if employment …

considered: 'working' or 'searching'. In most countries though the labor market is segmented in formal and informal employment … and self- employment. I argue that vacancies in these different labor market sectors are promoted via different channels …