Most economists maintain that the labor market in the United States (and elsewhere) is 'tight' because unemployment … rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn't been since …

Unemployment influences people’s life satisfaction beyond negative income shocks. A large body of literature … investigates these non-pecuniary costs of unemployment and stresses the importance of social identity and therefore social norms … experiment to compare unemployment-related life satisfaction losses between different cohorts of East and West German women. We …

social indicators, such as GDP growth, labour market outcomes, and poverty and inequality, for the period since the fall of … the FDI has induced. FDI inflows have also reduced unemployment and increased wages, but have had no effects on labour … productivity. Total FDI has had only limited effects on inequality and poverty, but FDI from Germany and Austria has been found to …

. Therefore, wage mobility does not balance recent increases in cross-sectional wage inequality. We apply RIF (recentered …

in persistent earnings inequality in Europe. Using non-linear least squares we reveal a complex framework, where … institutions and their systemic interactions play a decisive role in shaping persistent inequality. "Piece-meal" reforms appear … more effective in reducing persistent inequality than comprehensive policy packages: a substitution effect in reducing …

generosity of the unemployment benefit is found to limit the adverse effects of macroeconomic shocks on earnings mobility. …

. Therefore, wage mobility does not balance recent increases in cross-sectional wage inequality. We apply RIF (recentered …

of short-term inequality and its link with cross-sectional inequality; second, the evolution of long-term mobility … relative to short-term mobility and the implications for long-term inequality; third, we try to understand the cross … association between the evolution of earnings inequality and earnings mobility. More flexible labour markets, with low levels of …