little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration … while considered as extremely large in the public debate in Europe. The main argument is based on a fundamental property of …. Two sets of implications are then derived: on one hand, mobility costs are high in Europe and transitions between steady …

, unemployment rates, and wages in fixed-effects regressions which effectively use changes in these indicators over time within … the state/NUTS-1 and district level in both the United States and Europe. We find that Indian workers react to asymmetric … the response to unemployment shocks in these economies. In India, the unemployment rate does not seem to be a reliable …

increasing wage disparity in the United States and continuing high unemployment in Europe. She suggests that since the …