Marjit, Baisakhi; Marjit, Sugata; Gupta, Kausik; Kar, Saibal - 2022
Occupational prestige or job status may induce people to remain unemployed even when jobs are available. Thus measured unemployment will always have a voluntary component. Accumulated wealth in a family tends to increase the opportunity cost of job search, more so in a world where job status is...