avoid shirking, firms pay fair wages. The wage norms change endogenously, and the result is hysteresis with respect to both …

In this paper we investigate whether unemployment traps exist and are significant in the transition from unemployment … into employment in Belgium. In order to assess them, we use panel data sample selection models. Specifically, we estimate a … periods of unemployment in the past is particularly important: long-term unemployed people have difficulties in re …

In this paper we investigate whether unemployment traps exist and are significant in the transition from unemployment … into employment in Belgium. In order to assess them, we use panel data sample selection models. Specifically, we estimate a … periods of unemployment in the past is particularly important: long-term unemployed people have difficulties in re …