analyze the effect of changes in the macro economic variables on the wage contract and the unemployment rate. We find that … private information may increase the responsiveness of the unemployment rate to changes in productivity. The incentive power … of the wage contracts is positively related to high productivity, low unemployment benefits and high search frictions. …

financial sector, who helped cause the Great Recession and yet were bailed out by the government. Increases in inequality might … be tolerable at a time of growing consumption for all, but they become less acceptable when the unemployment rate has hit …

In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … share of both the “very unhappy” and the “perfectly happy”. Lower happiness inequality is found both between and within …

unemployment rates are much the same. Furthermore, inactivity is strongly concentrated among the unskilled and those suffering from …

example unemployment insurance. We argue that using wage data alone, it is virtually impossible to identify whether …

likely to be in work relative to stayers. Interestingly, whereas this translates into higher unemployment for men, it … decreases women's participation with no effect on unemployment once selection is accounted for. The informality of the labour …

the ease with which individuals can move between employment, unemployment and inactivity over time. The results suggest … countries. Nonetheless, transitions from unemployment and inactivity back into the labour market are relatively weak in the euro … remaining in unemployment over two consecutive periods decreased in Sweden, the euro area, and,to a lesser extent, Denmark …