, academic standing, or financial integrity. At their most forceful, LMIs such as labor unions and centralized job matching …

presents ideas for future research in a number of others, including the study of labor demand, search and unemployment, wage …

power. A simple matching model shows that the lighthouse effect may be induced by significant sorting and composition …

Positive assortative matching implies that high productivity workers and firms match together. However, there is almost …

workers are employed in more productive industries. The evidence confirms assortative matching can be present even when worker …

% for a 1 pp decline in the unemployment rate. For large recessions, like the Great Recession, that implies a decline in the …

individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that … system of governance are also shaped by the unemployment rate in countries with low levels of democracy. The results suggest … that periods of high unemployment and joblessness could hinder the development of democracy or threaten its existence …