in developing countries have multiple equilibria—the same economy can be stuck at different levels of unemployment with …-sharing among the poor is prevalent. It seems reasonable to posit that in such an economy more unemployment leads to more income … increases unemployment rates. As corollaries, we show that (1) within the same society, two different racial groups that may be …

in developing countries have multiple equilibria - the same economy can be stuck at different levels of unemployment with …-sharing among the poor is prevalent. It seems reasonable to posit that in such an economy more unemployment leads to more income … increases unemployment rates. As corollaries, we show that (1) within the same society, two different racial groups that may be …

other industrial sectors, in agriculture, and in services, as well as unemployment and non-participation in the labor force …

unemployment rates. But scant, if any, evidence exists on gender gaps in economic outcomes such as income, expenditure, savings …

workers’ labor market outcomes (i.e., unemployment, work absence, and lay off). Furthermore, according to the prior literature … example. Results show that: 1) The COVID-19 disaster leads to a larger increase in unemployment, work absence, and layoff for …