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 …

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 …

This paper investigates the impact of individual heterogeneity and regional influences on unemployment duration … opportunities impact upon the observed distribution of unemployment duration(s). This is an important issue for policy formation and … unemployed. -- Unemployment Duration ; Job Search ; Regional Labour Markets …

This paper studies the role of unemployment in sterling's interwar experience. According to most narrative accounts …, the proximate cause of the 1931 sterling crisis was a high and rising unemployment rate that placed pressure on British … currency crises, highlights the conflict between the objective of low unemployment and defense of the currency and show that it …

Following Phillip's original work on the UK, applied research on unemployment and wages has been dominated by the … rate of unemployment. This 'wage curve' is found to have an elasticity of approximately -0.1. Contrary to the Phillips …

explaining the persistent high unemployment that prevailed in interwar Britain. It develops a new measure of sectoral shifts that … aggregate unemployment during the interwar period, even after controlling for a variety of shocks to aggregate demand, and for … roughly one-half of the variation in unemployment, suggesting an important role for sectoral shifts …

1) Fear of unemployment substantially depresses pay in both countries …3) The unemployment elasticity of pay averages -0.1 in the UK and apparently zero in the US …