Economic inequality across socio-demographic groups in the Arab region has been suggested to be high and persistent. This paper assesses the main dimensions of this inequality and their incidence across the consumption expenditure distribution in years surrounding the Arab uprisings. The paper...

This study investigates the implications of models of capitalism for the responsiveness of countries' fiscal policies during business cycles using new data for OECD countries and China. We expand the literature by adding the category of East Asian non-liberal capitalism to the established...

Chinese employers practice extensive personal screening of job applicants. This study identifies four manifestations of this practice by motive – statistical, customer and employer taste-based, and regulatory – and evaluates their prevalence, economic determinants and implications for firms'...

By all accounts, income inequality in Egypt is low and had been declining during the decade that preceded the 2011 revolution. As the Egyptian revolution was partly motivated by claims of social injustice and inequalities, this seems at odds with a low level of income inequality. Moreover, while...

This study explores the organization of the Korean labor market, systemic faults in it leading to undesirable outcomes and their determinants, and consequences for workers and employers. Long-term implications for the arrangement and cohesion of society at large are discussed. The study has...

The work of Thorstein Veblen and Wesley Mitchell has a prominent position in business cycle theory. Veblen developed a theory of firms' life cycle to explain market fluctuations; Mitchell devised empirical tools to study their inner motion and to monitor them. Both stressed economy-wide...

Nominal and real macroeconomic variables are traditionally linked by the expectational Phillips curve. There is evidence that changes in employment and output result from unanticipated changes in money stock and inflation. Unfortunately, expectations about money stock and prices are not...

Most Korean employers screen extensively job applicants' personal backgrounds. Because this includes applicants' protected characteristics, and is not directly related to job requirements, the practice may yield discrimination and inefficiency in recruitment. This study surveys companies'...

Korean employers screen job applicants' detailed personal backgrounds with the intent to discriminate among them. This study develops a statistical model of employers' problem in recruiting, and identifies a hierarchical process whereby employers screen applicants' personal characteristics in...