equilibrium unemployment in Britain and the United States during the 1990s. We investigate whether perceptions of job insecurity … contribute to lowering wages. First, we examine the validity of subjective questions about unemployment expectations, using … longitudinal data. We find that workers' fears of unemployment are increased by their previous unemployment experience and by other …

persistently confined to the same workers or to particular occupational groups. Individuals with a history of unemployment and … workers' perceptions of unemployment are strong predictors of actual unemployment experiences occurring in the subsequent year … further analyses of the workings of the labour market. -- unemployment expectations ; job satisfaction ; cross-section models …

persistently confined to the same workers or to particular occupational groups. Individuals with a history of unemployment and … workers' perceptions of unemployment are strong predictors of actual unemployment experiences occurring in the subsequent year …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …