its basic characteristics - labor force participation, employment, unemployment, hirings and separations, vacancies …

position measured by various indicators like income level, subjective wellbeing, life chances, job-search abilities. Job loss …

This paper develops a search and matching model of equilibrium unemployment, with on-the-job search, extended to both … job productivity, all unemployed start their job search in the official sector, and workers employed in the informal … large, an increase in labour market tightness increases the unemployment rate and then the ‘vacancies …