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impact on aggregate labor market performance and unemployment. In a two-sector labor market model with free mobility of labor …
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relatively minor intervention can dramatically increase the fragility of jobs, the length of unemployment spells, as well as the … extent of unemployment and labor market churning. With institutions of the type studied here common across many different …
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We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as well as women are the most affected by the COVID-19 shock...
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This paper uses a life-cycle framework to document new stylized facts about the nexus between job polarization and earnings inequality. Using quarterly labor force data for the UK over the period 2000-2018, we find clear life-cycle profiles in the probability of being employed within each...
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