This article documents a strong connection between unemployment and mental distress using data from the Spanish National Health Survey. We exploit the collapse of the construction sector to identify the causal effect of job losses in different segments of the Spanish labor market. Our results...

Using the Viet Nam Access to Resources Household Survey (VARHS) with a panel of households present from 2008 to 2016, the study investigates the impact of social capital on household vulnerability. The empirical results indicate that both commune shocks and household shocks are associated with...

Using the Viet Nam Access to Resources Household Survey (VARHS) with a panel of households present from 2008 to 2016, the study investigates the impact of social capital on household vulnerability. The empirical results indicate that both commune shocks and household shocks are associated with...

This note derives a model of the wage curve, closely following Phelps (1994) and Campbell and Orszag (1998). Phelps discusses a variety of theoretical bases for a wae curve, the two major competing types being bargaining models and efficiency wage models, though Phelps prefers the term...

Der Beitrag untersucht die makroökonomischen Auswirkungen der Umlenkung der Migrationsströme im Laufe der EU-Osterweiterung von Deutschland weg in Richtung Großbritannien. Mit den neuen osteuropäischen Mitgliedsländern wurden Übergangsfristen bis zur kompletten Freizügigkeit vereinbart....

In 1994, Blanchflower and Oswald reported that they have found an 'empirical law of economics' -the Wage Curve. According to their empirical results, the elasticity of wages with respect to regional unemployment is -0.1. This holds especially for the Anglo-Saxon countries. Our paper reconsiders...

I argue in this paper that the estimation of wage curves and NAWRUs at the country level suffers from spatial aggregation bias. Using European data for the years 2000-2017, I find steeper country level wage curves and higher NAWRUs, compared to estimating at the underlying regional level. The...

Estimates of the NAIRU are usually derived either from a Phillips curve or from a wage curve. This paper investigates the correspondence between the operational NAIRU-concepts and the steady state of a dynamic wage-price model. We derive the parameter restrictions that secure that...

In 1994, Blanchflower and Oswald reported that they have found an 'empirical law of economics' -the Wage Curve. According to their empirical results, the elasticity of wages with respect to regional unemployment is -0.1. This holds especially for the Anglo-Saxon countries. Our paper reconsiders...

Positive assortative matching implies that high productivity workers and firms match together. However, there is almost no evidence of a positive correlation between the worker and firm contributions in two-way fixed-effects wage equations. This could be the result of a bias caused by standard...