COVID-19 abruptly impacted the labor market with the unemployment rate jumping to 14.7 percent less than two months … after state governments began adopting social distancing measures. Unemployment of this magnitude has not been seen since … the Great Depression. This paper provides the first study of how the pandemic impacted minority unemployment using CPS …

This paper investigates inequality and intragenerational economic mobility in a developing country with large … inequality. Understanding economic mobility is important because it shapes our perception of inequality. Despite its significance … countries. Using Thailand's tax return data, we study the evolution of earnings inequality, estimate medium-term earnings …

less time at work outweighs the negative emotional effect of unemployment during leisure episodes, such that the unemployed …

We reassess the scarring" hypothesis by Clark et al. (2001), which states that unemployment experienced in the past … from past unemployment operates via worsened expectations of becoming unemployed in the future, and that it is future … insecurity that makes people unhappy. Hence, the terminology should be altered by one letter: past unemployment scars" because it …

that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …

, affected. We use our results to analyse labour-market inequality and unemployment hysteresis. …The social norm of unemployment suggests that aggregate unemployment reduces the well-being of the employed, but has a … the appropriate distinction may not be between employment and unemployment, but rather between higher and lower levels of …

This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …