labor force participation rate, reversing a nearly 50-year trend; the nearly full recovery of unemployment from the depths …

public wages are determined. Rigid public sector wages lead to perverse effects on private employment, while flexible public … wages lead to a stabilizing effect. Public employment also has important productivity and redistributive effects. …

and unemployment showed little sensitivity. Workers have paid the price for this rather stable employment situation in the … form of volatile wages and a high risk of low pay. …

longer employment and unemployment spells, they must contend with lower earnings than tenants upon reemployment. They also …

labor force participation rate, reversing a nearly 50-year trend; the full recovery of unemployment from the depths of the …

have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the … unemployment-wage employment ratio is high. I interpret high unemployment-employment ratios as evidence of labor market frictions … labor market frictions can explain almost the entire variation in not only unemployment, but also wage employment and self …

public sector units in 1991. Since then, per capita output has increased significantly, while the overall unemployment rate … unemployment remains stubbornly high, an overwhelming proportion of the labor force continues to work in the informal sector, and … there is little evidence of a sustained rise in wages for either unskilled rural or factory workers. …

Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a …

unemployment relative to wage employment, and that self-employment increases with this ratio. To understand the sources of these … matches, and calibrate it to match all transition rates between wage employment, unemployment and self-employment as well as … that labor market frictions affect self-employment as much as unemployment. Labor market frictions also reduce aggregate …

This article studies the responses of real wages and labour market flows of immigrants in Spain for the period between … for immigrants than for natives: a one percentage point increase in the unemployment rate is associated with a 0.61 and 0 ….85% drop in real wages for natives and immigrants, respectively. However, these differences only occur among low-tenure workers …