labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …

, and substantial empirical evidence documents the direct negative impact of housework time on wages, particularly for … wages regardless of marital status. Furthermore, this relation is strongest for housework tasks such as cooking and cleaning …